Dallas Fed Report: With Brent Futures in Backwardation, Could Market See Near Term Oil Demand Outpacing Supply?
The Federal Reserve Bank of Dallas released its monthly report of energy-related economics, based on the bank’s September data.
Dallas Fed: Backwardation for Brent
“The Brent futures curve went into backwardation (downward sloping) through year-end 2019 on Sept. 25, 2017, …