4 ms·
They could also buy oil futures now to refill over time without hugely impacting the current market price
by bushbaba 4y ago
They could also buy oil futures now to refill over time without hugely impacting the current market price
- arcticbull 4y agoThe Odd Lots on this suggested the same thing, using their buying power to sell spot and buy long-dated to straighten out the price curve. [edit] Pretty sure it was this episode. [1] [1] https://podcasts.apple.com/us/podcast/odd-lots/id1056200096?i=1000567389279 https://podcasts.apple.com/us/podcast/odd-lots/id1056200096?...
- Narkov 4y agoI'm not sure the futures market makes sense when this reserve is used for emergency/war purposes.