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Oil Futures Spread: Bullish Sentiments Decline

Robert Scott
Oil Futures Spread: Bullish Sentiments Decline

Analyzing Key Dynamics of the Oil Market(Continued from Prior Part)Futures spreadOn March 25, the US crude oil May 2019 futures closed just ~$0.08 above the May 2020 futures. On March 18, the futures spread was at a premium of $0.24. On March