#76561
Re: Cobas AM: Nueva Gestora de Francisco García Paramés
sip, a mi también me llamo mucho la atención
The whole thing was designed to keep you poor - Robert Kiyosaki
The latest step down in WTI prices was sparked by the coming expiration of the May futures contract on Tuesday.
When futures contracts come close to expiration, their price typically converges with the underlying price of physical barrels of oil.
The divergence in the two prices has been particularly marked recently because lockdowns around the world have eroded the amount of crude being consumed. That meant the price of the May WTI contract had a long way to fall before expiring next week. Brent-crude futures for next month have already expired.