Focus Forward Structure

Posted by Carlota on June 13, 2020
in News
as ,

Strong growth and seasonal factors also play forward curves are crucial on energy resources of interest, because the past showed no clear trend. A current look for the most important sources of energy should be made here. Special attention finds the Brent North Sea oil towns. Just for energy commodities, a frequent change between Contango and Backwardation occurs considering the past. A clear structure of the futures curve is therefore not difficult to see. Key role of seasonal factors in the products heating oil, natural gas and gasoline, and give a wave-like pattern of the futures curve. For crude oil, the currently especially steep rise between early and late contract maturities is from this point of view to mention.

Often spoken at present by Super-Contango”. So a range of nearly 18 dollars (see graphics) is also currently June 09 future and March 12 future. In the past, such a situation induced the big oil corporations to your stocks to store in order to sell them on appointment to higher prices on the high seas. For this purpose, vessels were specially chartered. More current time curves can be found under. Here, the seasonal progression of heating oil is also to identify natural gas and gasoline.