Term structure.
Front month and deferred contracts across the tracked futures complex, using the available Yahoo Finance curve coverage.
Crude's curve is awaiting data.
CL · Crude Oil WTI · settlement across contract months
Crude's curve is awaiting data. CL · Crude Oil WTI · settlement across contract months Source: EIA (CL, NG) and Yahoo Finance via the dhawal.org proxy. Method: Contango is an upward curve (deferreds over the front), the carry-negative case for a long rolling forward; backwardation is a downward curve, carry-positive. Each deferred is tinted green when it settles over the front and oxblood when under. The term slope annualizes the front-to-back spread.
CL curve evidence actions
Exact observation fact_19drl7a
SourceEIA (CL, NG) and Yahoo Finance via the dhawal.org proxy
MethodContango is an upward curve (deferreds over the front), the carry-negative case for a long rolling forward; backwardation is a downward curve, carry-positive. Each deferred is tinted green when it settles over the front and oxblood when under. The term slope annualizes the front-to-back spread.