Understand contango and backwardation in commodity futures. Learn their impact and what they mean for traders, hedgers, and ...

Normal and Inverted: Snapshot in Time A contango market is often confused with a normal futures curve; and a normal backwardation market is confused with an inverted futures curve. Let's start by ...

Theories of backwardation: buyer risk premium, undersupply, and "disruption risk" premium. Backwardation is more frequent with lower crude inventories. Empirical testing shows backwardation does not ...

Some commentators see in the backwardation of oil futures an indication that the market expects spot prices to fall. In theory, futures prices should be good predictors, but in practice, this doesn't ...

When investors trade futures contracts for oil, iron and wheat, they’re helping to establish the market prices for these key commodities. Commodities prices can fluctuate dramatically over short ...

Something funny’s been happening with the crude oil price curve. It’s in what we call “backwardation,” meaning the price of oil in the future is lower than it is today. That’s not really how futures ...

According to a forthcoming paper in the Journal of International Money and Finance, there have been significant changes in the risk premia of oil futures since 2005. Regular readers of AllAboutAlpha ...

The oil market is in backwardation: a phenomenon where futures with near-term deliveries are marketed at a premium over longer-dated contracts. Market watchers spoke to CNBC about what the ...

Crude oil continues to fall as analysts are now predicting that we could see prices fall below $75.00. An analyst this morning said that WTI crude oil is Crude Oil In Backwardation While Brent Oil In ...

Simply sign up to the Commodities myFT Digest -- delivered directly to your inbox. With so much going on, the revival of the gold price in recent weeks hasn’t really got the attention it deserves. Yet ...

Four gleaming gold bullion bars rest on a bed of U.S. dollar bills, illustrating gold's renewed appeal and strong performance as an investment in 2026. © RomanR ...