Contango, Contango: Oil Being Horded At Sea By Traders
By: Ainsley Brown Contango! What is a contango? No it’s not an even more exotic version of the sultry Latin dance, nor is a tropical fruit. Then what is it? Contango, as explained on Money Morning, “denotes a normal and very specific condition associated with futures contracts in which the price of oil for distant delivery months from now exceeds… Continue reading "Contango, Contango: Oil Being Horded At Sea By Traders"