The Last Contango In Paris.............comment at the Oil drum
(May 22 2008)


Jeffvail

To the greatest extent in the history of oil futures trading, oil prices are now in continuous contango--that is, oil futures get progressively more expensive each year into the future.

Raw8 comments

I

ts not a lot of buyers. It looks like one..or a couple.

And with the IEA news this morning, we know why - but they said that in paris in April -guess the journalists weren't listening

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