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Closing the Gap - Futures Edition

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Crude Oil: Direction & the Curve

Closing the Gap - Futures Edition

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Not only has there been movement in the equity indices, but in Crude Oil futures (/CL) as well. In today's episode of Closing the Gap: Futures Edition, the team examines the current state of the /CL forward curve compared to where it was a year ago.

As it stands, /CL is now in a state of backwardation, whereas it was in a state of contango at this time last year.

Tune in as Pete, Bat and Frank walk through two crude spreads which have exhibited significant movement and discover how movement in these spreads compares to movement in the active month of Crude.

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