måndag 8 december 2008

oil futures market is now in “contango”

Varför sälja olja idag när men vet att man kan få bättre betalt i morgon? Bättre då att hyra lagringskapacitet ex några supertankers och vänta tills man får bättre betalt.

"Dec. 4 (Bloomberg) -- Royal Dutch Shell PLC and Koch Industries Inc. hired four supertankers to store oil in the U.S. Gulf Coast to take advantage of higher futures prices for crude in the months ahead, according to a shipbroker."

"The oil futures market is now in “contango,” meaning prices get higher in later delivery months. Contango encourages traders to store barrels rather than selling them now. "

http://bloomberg.com/apps/news?pid=20602099&sid=akchzyPSGYDU&refer=energy

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