U.S. Markets open in 1 hr 58 mins

US-Iran Tension Shifted US Crude Oil’s Forward Curve

Rabindra Samanta
US-Iran Tension Shifted US Crude Oil’s Forward Curve

On June 24, the US crude oil August 2019 futures closed ~$2.48 above the August 2020 futures. On June 17, the futures spread was at a premium of $0.57.