Bloomberg (November 25)
2015/ 11/ 26 by jd in Global News
“Surging U.S. crude stockpiles that have filled storage tanks near capacity are widening the discount on immediate oil deliveries.” Known as contango, this discount may reach the stage of “supercontango” and is unlikely to go away soon.
Tags: Contango, Crude, Discount, Immediate deliveries, Oil, Stockpiles, Storage, U.S.
