Tag: contango

Oil Has Recovered From Record Lows But $40 Prices Unlikely Before Q3 2020

West Texas Intermediate: Oil Has Recovered From Record Lows But $40 Prices Before Q3 2020 Unlikely ... (Photo:...

Oil Storage May Run Out In 6 Months As Crude Futures Endure Worst Ever Quarter

If the Asian closing prices of oil futures on Tuesday (March 31) – the final day of the first quarter of 2020 – are...

Oil Futures In Record Contango Of Over $10 For First Time Since 2009

An unprecedented havoc unleashed on the global oil market by the coronavirus or Covid-19 pandemic has sent oil futures into record double-digit discounts to...

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