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Oil’s Futures Spread: Are Bullish Sentiments Rising?

Robert Scott
Oil’s Futures Spread: Are Bullish Sentiments Rising?

Will US Crude Oil Stay above $60?(Continued from Prior Part)Futures spread On April 1, the US crude oil May 2019 futures closed ~$1.7 above the May 2020 futures. On March 25, the futures spread was at a premium of just $0.08. On March 25–April 1,