/biz/ - Business & Finance

Anonymous Fri May 8 11:35:33 2020 No.18953725 [View]
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>>18953649
>contango has ended
>ended
>production is cut less than expected
>demand isn't as high as expected
>filling worldwide storage limit is inching closer as demand has yet to overtake supply
>"ended"

The worst has yet to come, and the backlog is getting ever worse. Contango is still getting worse even as we move into it, there is like a super contango contangoing the super contango.

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