Apr

15

1 barrel = 158.987 litres 20$/barrel=0.1258$/Litre

A bottle of water costs cheaper now. So do I drink crude? At least on the trading desk!

Massive contango. Next Month is 35% higher and the month after is 60% higher. Isn't this a free lunch? So one is wondering if it is free then is there something that I haven't figured out that can end up making me the lunch?

Isn't the senator's ratio of price of anything / price of gold in case of crude at an all time low?


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