Advertisement
Canada markets close in 5 hours 51 minutes
  • S&P/TSX

    21,990.22
    -21.50 (-0.10%)
     
  • S&P 500

    5,086.10
    +15.55 (+0.31%)
     
  • DOW

    38,521.98
    +18.29 (+0.05%)
     
  • CAD/USD

    0.7298
    -0.0022 (-0.30%)
     
  • CRUDE OIL

    82.94
    -0.42 (-0.50%)
     
  • Bitcoin CAD

    90,666.89
    -782.42 (-0.86%)
     
  • CMC Crypto 200

    1,429.52
    +5.42 (+0.38%)
     
  • GOLD FUTURES

    2,334.80
    -7.30 (-0.31%)
     
  • RUSSELL 2000

    2,005.99
    +3.35 (+0.17%)
     
  • 10-Yr Bond

    4.6460
    +0.0480 (+1.04%)
     
  • NASDAQ

    15,817.23
    +120.59 (+0.77%)
     
  • VOLATILITY

    15.70
    +0.01 (+0.06%)
     
  • FTSE

    8,063.47
    +18.66 (+0.23%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • CAD/EUR

    0.6817
    -0.0019 (-0.28%)
     

Futures Spread: Does It Signal End of Oil’s Oversupply Concern?

On October 17, 2017, US crude oil (USO) (OIIL) December 2018 futures traded $0.46 below the December 2017 futures.