Some thoughts on No Lead Gasoline please

Discussion in 'Commodity Futures' started by tradingpoker, Mar 23, 2020.

  1. Sig

    Sig

    At what point do people start renting tanker trucks to arb this?
     
    #11     Mar 23, 2020
    bone likes this.
  2. bone

    bone

    The “normal” gasoline forward curve is a Contango Summer and Backwardation Winter.

    At present we have two depressed prompt months and then EXTREME Contango for the balance of the strip.
     
    Last edited: Mar 26, 2020
    #12     Mar 23, 2020
  3. bone

    bone

    May Crude trading down $1.08 and Sept Crude trading up $0.06 last.

    Super Contango daily moves.
     
    #13     Mar 26, 2020