Smokes and Mirrors
What is the true price? Timing is important…
That is still a 22$ barrel value for delivery in 2 months (next contract in front)
I think greatest arbitrage opportunity of a life time… buy spot now.. when market pricing it will be worth 22$ in 2 months…
Edit: Here is the CFD trackin WTI as tradeable on Oanda… I would not go long this chart… ouff.
You mean :
Long spot and short 2 months out??
Where do you store spot for 2 month?