Declines in distillate futures were about half those for gasoline. The Nymex October ULSD contract was 1.12cts lower at $2.1608/gal and the November contract was down by 1.05cts to $2.1719/gal. Diesel ...
This is done by purchasing a futures contract. A futures contract is a legal agreement to buy or sell an asset at a predetermined price at a specified time in the future. But what are the pros and ...
1,000 barrels of oil are generally included in a futures contract, with each barrel containing 55 gallons of oil. Most price speculators don’t have space to store 55,000 gallons of oil and are ...