OilPrice.com on MSN
Iran War Sends Oil Curve Into Crisis Mode
In war scenarios, nearby oil contracts rally faster than deferred ones, steepening backwardation as traders scramble for prompt barrels.
Eli Rubin, an energy analyst at EBW Analytics Group, warned that natural gas is 'nearing [the] price-inelastic portion of [the] curve'. In an EBW Analytics Group report sent to Rigzone by the EBW team ...
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