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Where Is All That Excess Oil Going? - NPR (blog)

NPR (blog)

Where Is All That Excess Oil Going?
NPR (blog)
There's a term traders use when the price of a commodity like oil has fallen because of oversupply but seems guaranteed to rise again. It's a market that's "in contango," says Brenda Shaffer, an energy specialist at Georgetown University. "It almost ...

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