Get started
stevenplace

crude backwardation at extremes

CL1!-CL2!  
stevenplace  
CL1!-CL2!  
Beyond Technical Analysis Fundamental Analysis
0
0
beyondta fundamental
maybe this really is transitory lmaoooo


front month - next month, higher than gulf war 1 price shock

notice during big oil bull run in 2007, we didn't see this extreme backwardation

market currently pricing this in as "transitory"
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.