Contango Tumbles To 2-Month Lows As WTI Crude Melts Up Above $49

zerohedge.com / by Tyler Durden on 03/25/2015 13:57
Fifth ramp in 5 days takes WTI crude back above $49 for the first time in 2 weeks… on the heels of record production, record streak of inventory builds, and record inventory at Cushing. The 1Y spread has compressed to 2-month lows…
WTI melts up…

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