Backwardation

… second month future contracts moved into backwardation , albeit only 4¢/bbl on yesterday ..... said. Jakob also noted “a small backwardation ” in Brent but warned, “This has ..... indicator. They had moved back to backwardation on strong buying from China and were …

… front-month Brent is partly due to the backwardation between the first two contract months. The February ..... contango,’ and while Brent is in backwardation , it also is not yet in a ‘super backwardation .’ The February-March Brent backwardation …

… corrected lower quite strongly, but the backwardation in ICE gas oil also softened from ..... stock for oxygenate blending (RBOB) backwardation fell off. The latest demand numbers ..... day, it did not manage to perform a backwardation convergence (December moving up to …

… He noted, “The ICE gas oil front backwardation continues to gently slide lower while the backwardation in RBOB [reformulated blend stock ..... pushed Brent structure into very steep backwardation and record highs in physical crude …

… products followed crude and ended the day slightly higher. The backwardation at the front-end of the Brent curve remains rather steep ..... ICE gas oil June-July spread is in a counter-seasonal backwardation , while the contango in heating oil [in New York] has …

… spreads [being] at a multiyear high backwardation (for the season)." Moreover, Jakob ..... correlate with the current level of WTI backwardation . The Cushing statistics are the first ..... alarm bells in many weeks for the WTI backwardation , which will be in greater danger if …

… rather decisively from contango to backwardation . Cracks of both gasoline and gas oil ..... while fuel oil cracks weakened.” Backwardation is a market structure where later ..... Brent above the forward contracts, the backwardation suggests stocks are starting to tighten …