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At $59.7 WTI is just back to where it was in early July, and some distance away from the highs of April ($65.x). And the futures curve is in backwardation - mar
by carlsborg 7y ago
At $59.7 WTI is just back to where it was in early July, and some distance away from the highs of April ($65.x). And the futures curve is in backwardation - markets are pricing Jun 2020 futures at $55.55 with a mere $2.83 jump because of these attacks.