“Buying oil for late next year near 70 pays 20 to 25 percent as the war premium gets wrongly priced as already over and the curve drifts back up toward 90.”
“I've been very long the December and March 27. And those things were up the next day, which is kind of crazy... I felt good about that trade construction... I still just love that trade. I love my entry, so I'm kind of just holding tight.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.