GREY:MKRYF - Post by User
Post by
Sparkletoothon Apr 30, 2015 2:45pm
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Post# 23681845
WTI Contango
WTI ContangoFlatter and flatter. This is bullish, and I think the market is waking up to it, hence some of the moves we're seeing in the more speculative issues. June 2015 WTI is now about 59.72. Dec 2023 WTI is now about 67.62. That's about as flat as it gets. Flat tends to be bullish, steep is bearish. If I was an airline executive or any big user of fuel I would be hedging here, big time.