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CONTANGO AND BACKWARDATION EXPLAINED, Forward and Futures Prices, and the Oil Price Crash

April 2020, the price of oil was negative! Yes, a negative price! How is it even possible to be paid to buy something? Understand how the Futures Prices work, and what are contango and normal backwardation!



This post first appeared on Paul Sitarz's Blog - Personal Finance & Real Estate, please read the originial post: here

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CONTANGO AND BACKWARDATION EXPLAINED, Forward and Futures Prices, and the Oil Price Crash

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