• Why is backwardation possible in the futures market?

    In one of my recent articles about the oil market, I stated that the withdrawal of waivers for consumers of Iranian oil could lead to a compensating effect on the part of the US supply, which the latest API report on commercial reserves in the US seemed to reflect.

  • Gold dips to a $1,200 level, while greenback surges on Yellen

    Japanese Yen breached a 111.00 level in Asian session on Monday.