Today (March 11, 2020), OPEC released its latest Monthly Oil Market Report. The highlights are indicated below themoneynarrative’s comments. Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #16”
Tag: contango
A term used to denote the relationship between the current (spot) price and futures prices for a particular commodity. When the futures price is higher than the current price, the market is said to be in contango.
themoneynarrative oil and gas commentary (OPEC) – update #13
Today (June 13, 2019), OPEC released its latest Monthly Oil Market Report. Here are the highlights:
Crude Oil Price Movements Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #13”
themoneynarrative oil and gas commentary (OPEC) – update #5
Today (April 12, 2018), OPEC released its latest Monthly Oil Market Report. Here are the highlights:
Crude Oil Price Movements Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #5”
Understanding the investing industry #2 (futures contracts, hedging, contango and backwardation)
The investing industry, like almost any sector with specialized knowledge, has its own jargon and ways of carrying on business. At themoneynarrative, we dislike aspects of the business that are not self-explanatory or clearly apparent to all investors. Thus, over the months ahead we will be explaining jargon and some of the less well known aspects of Continue reading “Understanding the investing industry #2 (futures contracts, hedging, contango and backwardation)”
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