
08-08-2009, 10:00 AM
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Cash Administrator
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Join Date: Dec 2007
Posts: 264,183
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Risk free ..Big Money
WTI contango trades are the talk of the oil trading world..At the height of recession when US was looking really weak the contango had swelled upto 7-8$ for the first two months and much more for furthur calender months..Big institutional traders ,possessng the financial muscle and thre expertise raked in millions of dollars off riskless trades..Cushing was tucked to the brim and VLCCs were hired to keep floating storage for months..BIG money was made..
Any expert opinions revealing the nuances of such trades...
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