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WTI $48.13 — noon Tuesday
From the Tank Tiger
Oil rose for a seventh straight week as December WTI closed last Friday at $48.90 a barrel, trading more than $1.00/ barrel higher than its future price for December 2022. Yes indeed, contango has taken an early holiday.
Of course, none of us wanted to get a book for Christmas, but that won’t stop some Wall Street firms from talking their own book. Goldman Sachs proclaimed…
