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Re: dude iligence post# 22593

Monday, 11/25/2019 10:02:46 AM

Monday, November 25, 2019 10:02:46 AM

Post# of 25303
OK, help me make sense of something.

The contango last week was ~5 cents. This morning, it appears to be the same ~5 cents. Nothing unwound yet.

https://www.cmegroup.com/trading/energy/natural-gas/natural-gas.html

Yet the impact today seems every bit as negative as it was last month when the contango was ~14 cents.

Whats going on?


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