Gasoil Curve

Discussion in 'Commodity Futures' started by TraDaToR, Mar 5, 2013.

  1. TraDaToR



    I noticed something on gasoil but since I don't have access to IPE exchange on IB I can't really see the general shape of the curve.

    Gasoil is inverted like Heating oil and if I am right the two are closely related, the difference being taxes. However, Heating oil curve flattens during fall( consumption in the winter ), whereas Gasoil presently flattens during summer and then goes downward again( spreads widening) during fall...Sorry I don't know the lingo.

    For example right now Jul-sep spread is @ 3.5 while Sep-Nov is @ 5.25...

    It wasn't the case 2 months ago, so I am wondering if there is an opportunity here...

    Thanks a lot.:)