News for hackers. Stuff that matters.

A comment on I tried to buy an actual barrel of crude oil (2015). Parent comment

Re:I tried to buy an actual barrel of crude oil (2015) by juped on Monday April 20, 2020 @10:45PM (#22931313)
Contango means that futures prices further out are higher than futures prices in the nearer term, and is normal for oil futures; what's notable is the extreme slope of the futures curve we're seeing.
[ Parent | on HN ]

There are no comments on this comment yet.