We have gone from the crazy contango caused by the plunge of the front-month oil futures contract into negative territory on April 20th to today's nearly flat curve with prices for all months' contracts above $38 per barrel.
We have gone from the crazy contango caused by the plunge of the front-month oil futures contract into negative territory on April 20th to today's nearly flat curve with prices for all months' contracts above $38 per barrel.
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