crude in contango market structure

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crude Brent Feb futures prices inched up 40 cents to $74.7 a barrel while crude WTI Jan futures prices are edged up 40 cents to $69.78 a barrel on Thursday morning Asian hours at the time of reporting. Both the benchmarks lost around 4% yesterday with Brent premium widened to $4.92 a barrel during the…

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crude oil Brent futures for Feb delivery down 13 cents to $77.07 a barrel while crude oil WTI Jan futures fall 18 cents to $72.14 a barrel on Wednesday at the time of reporting. Both the benchmarks lost around 2 % during the week since the beginning of the week. Brent premium narrowed down to…

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crude oil Brent Feb futures prices slipped 76 cents to $78.12 a barrel while WTI oil futures for Jan delivery dipped 67 cents to $73.4 a barrel on Monday morning during Asian hours. Both the benchmarks lost around 2% last week despite of deeper cuts from OPEC+. Brent premium over WTI narrowed down to $4.81…

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