Crude Trading 101: Backwardation vs. Contango

Crude Trading 101: Backwardation vs. Contango Play

April 1 (Bloomberg) -- On today's "Futures In Focus," Alix Steel reports on the meaning of Backwardation and Contango as they relate to crude oil. RJO Futures' Phil Streible also speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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