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wti crude spreads

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    wti crude spreads

    I have read where the US is running out of storage space for crude. This scenario is being played out in the spreads, March/may out to $2. Don't think the market can sustain these levels indefinitely. Suggests nearby months must move lower to clear market. Turmoil in crude markets apparently not over. Worth paying attention to.

    #2
    Or maybe like what everyone tells farmers - build more storage.

    Apparently there is money in doing so.

    You guys gotta love my sense of humour.

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