FlagshipShow + 3 RD April 12, 2020 Anyone here trade crude calendar spreads? Any old schoolers here that have traded extreme contango in a similar limited storage scenario? Quote Share this post Link to post Share on other sites
FlagshipShow + 3 RD April 12, 2020 The reason I ask is to get opinions on where you guys see spreads going. There are plenty of projections out there but the median consensus seems to be a temp. support of prices through June until storage is filled to the brim. Then a bleed off to lows again, until inventories diminish via shut ins and rebound of economy spikes it all over again. Without giving specific numbers, is it plausible for JUN and JULY contract’s curves to flatten (against each other)? Should we expect extreme contango in the other contracts to be the theme through the end of the year? Quote Share this post Link to post Share on other sites
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