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CME Group launches unprecedented oil-storage futures contract - The Globe and Mail
The Globe and Mail | CME Group launches unprecedented oil-storage futures contract The Globe and Mail The ability to trade oil futures contracts has been around since 1983, but on Monday, the first ever oil-storage futures contract goes live. One contract bestows upon its holder the right, but not the obligation, to store 1,000 barrels of crude oil in ... US oil storage crunch might cut crude prices Another 8 Million Barrels Added to Oil Storage Storage crisis could lead to $20 oil |
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