{"id":6847,"date":"2020-07-31T12:48:57","date_gmt":"2020-07-31T16:48:57","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=6847"},"modified":"2021-04-25T22:01:05","modified_gmt":"2021-04-26T02:01:05","slug":"is-contango-coming-back-in-the-crude-market","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/pt\/is-contango-coming-back-in-the-crude-market\/","title":{"rendered":"Is Contango Coming Back in the Crude Market?"},"content":{"rendered":"<h5 style=\"text-align: center;\">Is Contango Coming Back in the Crude Market?<\/h5>\n<p style=\"text-align: center;\">July 31, 2020<\/p>\n<p>The chart below plots the forward curves for WTI Crude futures contracts.\u00a0 The <span style=\"color: #000000;\"><strong>black line<\/strong><\/span> plots the settles as of July 30, 2020, with the September contract settle at $39.92; the <span style=\"color: #ff0000;\"><strong>red line<\/strong><\/span> plots the settles of two weeks earlier, July 16, 2020, with the August contract settle at $40.75.\u00a0 The contango structure of the curve has steepened as the front of the market has dropped from $40.75 to $39.92.\u00a0 A falling market generally increases the contango and, in turn, pressures prices.\u00a0 The contango should be monitored.<\/p>\n<p>The chart below can be constructed in the <strong>Fundamental Analytics<\/strong> platform under <strong>Prices &gt; Energy &gt; WTI Crude Oil &gt; Analysis.<\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-6848\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-31-Figure-1.jpg\" alt=\"\" width=\"1684\" height=\"1190\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-31-Figure-1.jpg 1684w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-31-Figure-1-300x212.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-31-Figure-1-1024x724.jpg 1024w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-31-Figure-1-768x543.jpg 768w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2020\/07\/Energy-July-31-Figure-1-1536x1085.jpg 1536w\" sizes=\"(max-width: 1684px) 100vw, 1684px\" \/><\/p>\n<hr \/>\n<p>If you would like access to the great insights and analysis provided by the Fundamental Analytics platform, sign up for a <a style=\"color: #3366ff;\" href=\"https:\/\/www.fundamentalanalytics.com\/pt\/trial\/\"><strong>15-day free trial<\/strong> <\/a> and <a style=\"color: #3366ff;\" href=\"https:\/\/app2.fundamentalanalytics.com\/webinar\/signup\"><strong>demonstration!<\/strong><\/a><\/p>\n<p>If you have any questions, please contact our Managing Director, Joel Fingerman, at <a href=\"mailto:joel.fingerman@fundamentalanalytics.com\"><span style=\"color: #3366ff;\">joel.fingerman@fundamentalanalytics.com<\/span><\/a><\/p>\n<p>We also invite you to read our other articles and follow us on social media!<\/p>\n<p>Best Regards,<\/p>\n<p>The Fundamental Analytics Team<\/p>\n<p><small><em>The information provided here is for general informational purposes only and should not be considered individualized investment advice. All expressions of opinion are subject to change without notice in reaction to shifting market conditions.<\/em><\/small><\/p>","protected":false},"excerpt":{"rendered":"<p>Is Contango Coming Back in the Crude Market? July 31, 2020 The chart below plots the forward curves for WTI Crude futures contracts.\u00a0 The black line plots the settles as of July 30, 2020, with the September contract settle at $39.92; the red line plots the settles of two weeks earlier, July 16, 2020, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6847","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/6847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/comments?post=6847"}],"version-history":[{"count":1,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/6847\/revisions"}],"predecessor-version":[{"id":6849,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/6847\/revisions\/6849"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/media?parent=6847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/categories?post=6847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/tags?post=6847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}