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What Is Backwardation, And Why Could It Mean $60 Oil?
Monday, June 5, 2017 - 3:17pm | 457Read More...While the S&P 500 has rallied 8.9 percent in 2017, oil and energy investors have been left in the dust. The Energy Select Sector SPDR (ETF) (NYSE: XLE) is down 13.3 percent and the United States Oil Fund LP (ETF) (NYSE: USO) is down 16.8 percent on the year as WTI crude oil prices have once...


