The front-month (May) WTI oil futures contract today (April 20, 2020) achieved a number of milestones, plunging in inflation-adjusted terms to the lowest price in history, at US$1.01 (and the day isn’t over yet). Continue reading “Oil history in the making”
Tag: futures
A futures contract is a legal agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
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”
LME monthly base metals futures
Investors wishing to speculate in metals pricing will soon have a new option available to them. Starting Monday, July 30, 2018, the London Metal Exchange (LME), the world’s preeminent centre for industrial metals trading, will launch monthly futures for base metals aluminum, copper, lead, nickel, tin, and zinc. Continue reading “LME monthly base metals futures”
themoneynarrative oil and gas commentary (OPEC) – update #12
Today (July 11, 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 #12”
themoneynarrative oil and gas commentary (OPEC) – update #9
Yesterday (June 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 #9”
themoneynarrative oil and gas commentary (OPEC) – update #7
Today (May 14, 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 #7”
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