Oil-storage trade
The oil-storage trade, also referred to as contango, is a market strategy in which large, often vertically-integrated oil companies purchase oil for immediate delivery and storage—when the price of oil is low— and hold it in storage until the price of oil increases. Investors bet on the future of oil prices through a financial instrument, oil futures in which they agree on a contract basis, to buy or sell oil at a set date in the future. Crude oil is stored in salt mines, tanks and oil tankers. — Reuters 2015
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Oil-storage trade
The oil-storage trade, also referred to as contango, is a market strategy in which large, often vertically-integrated oil companies purchase oil for immediate delivery and storage—when the price of oil is low— and hold it in storage until the price of oil increases. Investors bet on the future of oil prices through a financial instrument, oil futures in which they agree on a contract basis, to buy or sell oil at a set date in the future. Crude oil is stored in salt mines, tanks and oil tankers. — Reuters 2015
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El comercio de almacenamiento ...... ecer ciertos tipos de aceite.
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The oil-storage trade, also re ...... to store certain types of oil.
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El comercio de almacenamiento ...... de sal, tanques y petroleros.
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The oil-storage trade, also re ...... nd oil tankers. — Reuters 2015
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Comercio de almacenamiento de petróleo
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Oil-storage trade
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