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Jld3294

02/23/16 7:05 AM

#186486 RE: nowwhat2 #186485

Today the contract rolled over to the following month. So the future contract was higher. It will smooth itself out, but at $33 there's more time in the contract.
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imiloa

02/23/16 9:24 AM

#186494 RE: nowwhat2 #186485

oil was even until this hour.
now down -1.8% going into the open.
could make for a rocky open.

re: the discrepancy across months, possibly due to anticipation of varying supply/demand ratios per month.
eg: it's still heating oil season now, but less so in april.