Oil Market Strategy: Don't Tango With Contango |
| June 02, 2015 | June 2015 Bond Updates |
|
Investors who are eyeing the recent bounce in oil prices, noticing that summer driving season is upon us and concluding that this is the perfect trade setup to go long oil through an ETF, may want to reconsider. Due to the steep contango in the forward curve, ETFs have not kept up with gains in oil prices so far this year. |
| View more at: http://www.forbes.com/sites/greatspeculations/2015/06/01/oil-market-strategy-dont-tango-with-contango/ |
| Related News |
|