Crude oil calendar spread (long front month, short later month) Loading... : Investor Sentiment and Bull/Bear Views

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20:21
Sep 15
Steven Schork President, The Schork Group Bloomberg Markets
Crude curve backwardation signals tight supply.
Crude oil futures are showing significant backwardation—November over December and December over January—as depleted strategic reserves mean buyers are paying up to draw supply out of inventory for spot demand. With no Plan C, the front of the crude curve should remain supported.
MED

About Crude oil calendar spread (long front month, short later month) Investor Commentary

Across the available history and selected sources, Buzzberg tracks Crude oil calendar spread (long front month, short later month) across 1 sources: 0 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 0% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Past 7 days, before deduplication: 1 other directions. Latest voices: Steven Schork.