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Crude prices 10 years from now


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Crude prices 10 years from now

  #1 (permalink)
 harryguy 
st. louis missouri
 
Experience: Intermediate
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I scanned all the months of crude oil today, and the price decreases the further out you go. I expected that. But then, in the April 2032 contract, it jumps back up to today's levels. Why is that?

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  #2 (permalink)
 T 40 
Chicago, IL
 
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Probably a bad price from wherever you are getting it. There is 0 open interest in that contract. The only contracts that have OI that far out are the Dec. contracts.

Final settlements from 3 10 22 show 64.23 for that contract.

https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.settlements.html#tradeDate=03%2F10%2F2022

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  #3 (permalink)
 harryguy 
st. louis missouri
 
Experience: Intermediate
Platform: tradestation
Trading: futures
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T 40 View Post
Probably a bad price from wherever you are getting it. There is 0 open interest in that contract. The only contracts that have OI that far out are the Dec. contracts.

Final settlements from 3 10 22 show 64.23 for that contract.

https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.settlements.html#tradeDate=03%2F10%2F2022

You're right. It seems any website powered by Barchart has funny quotes starting April 2032

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Last Updated on March 11, 2022


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