Contango makes it profitable for crude traders to store large volumes of crude oil through "cash and carry" strategies which are no longer possible when the market is in backwardation. Many observers ...
The oil market continues to send mixed signals, with a pending U.S.-China trade deal and potential production cut extension--or deepening--by OPEC counterbalanced by rising crude inventories and an ...
The specter of contango must be acknowledged when it comes to commodities ETFs, particularly those that are based on futures contracts, not actual physical holdings of an underlying commodity. And ...
Investors run into new concepts all the time, and to be successful with your investments, you have to understand all the factors that can affect your portfolio and its holdings. Those who invest ...
We at Hard Assets Investor have written about contango and backwardation many times. The message is worth repeating in times like these. Just what sort of times are these? And what the heck are ...
All you commodity investors out there take note: crude oil is toying with contango again. The news was first reported by Brad Zigler at HardAssetsInvestor.com. It has important implications for any ...
Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum ...
Bitcoin (BTC) futures on the Chicago-based CME exchange slipped for a few days into "backwardation," a condition sometimes observed in commodities markets where prices on near-month contracts exceed ...
LONDON (Reuters) - "Backwardation is the solution" to OPEC's problem of how to raise output and revenues without sparking another shale boom, according to the influential oil research team at Goldman ...
Whether you invest in ETFs or futures contracts, you can't afford to ignore the risk this phenomenon poses. Investors run into new concepts all the time, and to be successful with your investments, ...