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Home › Oil Price Structures Show Market Balance in Second-half 2021

 

Oil Price Structures Show Market Balance in Second-half 2021

2021-03-31 20:30:00| OGI

Brent's front month spread is back in contango, a situation where the futures price of a commodity is higher than the spot price. This structure of the market encourages storage of oil.

Tags: show price market balance

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