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Friday August 11, 2016 In the latest edition of the Numbers
Report, we’ll take a look at some of the most interesting figures
put out this week in the energy sector. Each week we’ll dig into
some data and provide a bit of explanation on what drives the
numbers. Let’s take a look. 1. Disappearing contango (Click to
enlarge)- The oil futures market has been in contango pretty much
since early 2015. A contango – when front-month oil futures trade
at a discount to futures further out – suggests a state of
oversupply. -…
Report, we’ll take a look at some of the most interesting figures
put out this week in the energy sector. Each week we’ll dig into
some data and provide a bit of explanation on what drives the
numbers. Let’s take a look. 1. Disappearing contango (Click to
enlarge)- The oil futures market has been in contango pretty much
since early 2015. A contango – when front-month oil futures trade
at a discount to futures further out – suggests a state of
oversupply. -…
Friday August 11, 2016 In the latest edition of the Numbers
Report, we’ll take a look at some of the most interesting figures
put out this week in the energy sector. Each week we’ll dig into
some data and provide a bit of explanation on what drives the
numbers. Let’s take a look. 1. Disappearing contango (Click to
enlarge)- The oil futures market has been in contango pretty much
since early 2015. A contango – when front-month oil futures trade
at a discount to futures further out – suggests a state of
oversupply. -…
Report, we’ll take a look at some of the most interesting figures
put out this week in the energy sector. Each week we’ll dig into
some data and provide a bit of explanation on what drives the
numbers. Let’s take a look. 1. Disappearing contango (Click to
enlarge)- The oil futures market has been in contango pretty much
since early 2015. A contango – when front-month oil futures trade
at a discount to futures further out – suggests a state of
oversupply. -…
Read more http://oilprice.com/Energy/Energy-General/Bad-Year-For-Shale-Stocks-Despite-Rebound.html