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Futures Spread: Sentiments Surrounding Oil Prices

Robert Scott
Futures Spread: Sentiments Surrounding Oil Prices

Goldman Sachs Raised the Oil Price Forecast for 2019(Continued from Prior Part)Futures spreadOn April 8, the US crude oil May 2019 futures closed ~$3.5 above the May 2020 futures. On April 1, the futures spread was at a premium of $1.7. On April