The Carry Trade in Crude Oil Markets

The front of the curv went straight up. The reality is that you're promised to deliver something that you have no ability to come up with, except for by buying it back. But same time, if you wanted to assume that the curve was going to stay the same, and nothing changed between now and then,. You r your contract would slowly rise in price as it got closer and closer to time. It's a good trade, but it's got a long time horizon. And yo, you've got a really haf conviction that it's going to play out, and you have to hold it through. Right? Likes, this is like your saying, we had huge movement in a