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Hype_x t1_iqwqif8 wrote

Not sure if this is the right forward commodity. You should prob do more digging that my simile google search. The link below will take you to NY Harbor Oil futures prices. Each month is on the table represents a contract for oil settling in that month. You could use this info to understand where the market makers think the price of oil is going. Remember any time you are asking will it be cheaper later you are taking a financial position on the outcome in the same way energy traders do every day. CME Futues

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Moot_n_aboot OP t1_iqwusn7 wrote

Really appreciate the insight! I’ve been trying to better understand the commodities market for distillates and it’s been mind numbingly difficult for a novice.

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derpmcperpenstein t1_iqzqfcf wrote

I love gambling on Brent Crude and WTI futures! ( Can't imagine what Europe is going to do with natural gas)

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