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The oil price has gone through what you could call 'peak bear' - Financial Times

Financial Times

The oil price has gone through what you could call 'peak bear'
Financial Times
If the price of a commodity in those futures contracts is above the current price — a market structure known as a contango — and that contango is higher than the cost of financing the purchase and storage of the oil, then there is a profit in owning ...

Admin 20.02.2016 0 62
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