Oil Market Is Set To Become Very Tight
https://oilprice.com/Energy/Oil-Prices/Oil-Market-Is-Set-To-Become-Very-Tight-Later-This-Year.html
- Brent Crude futures prices are now in a steep backwardation—the market situation in which front-month prices are trading at a premium compared to prices further out in the future—a sign of a tighter and undersupplied market.
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