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"
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"