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  • With WTI crude slipping below the $80/bbl mark and RBOB futures plunging under $2.20, the crude oil landscape seems to be shifting. Diesel's backwardation is showing signs of narrowing, yet the fundamental supply metrics do not seem to align with these price movements. Persisting below a 30-day threshold for the …

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The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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