Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025 and possibly some 2026. Understandably, not everyone is in that same position. Based [...]

Theoretical Positions: End-users: Intermediate-term (roughly 3 months, or September/October/November) needs could've been covered near the previous week's cash settlement of $3.6850 (Dec24 futures at $4.01). Producers: If holding Dec24 futures [...]

Theoretical Positions: End-users: Look to cover intermediate-term needs (roughly the next 3 months) based on last week's bullish key reversal. This seems counterintuitive, so it would not be surprising to [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025 and possibly some 2026. Understandably, not everyone is in that same position. Based [...]

Theoretical Positions: 2023 production has been priced with cash contracts or short futures hedges. Dec23 short hedges would’ve been rolled to March24 at a strong carry during November. March short [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025 and possibly some 2026. Understandably, not everyone is in that same position. Hedgers [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025 and possibly some 2026. Understandably, not everyone is in that same position. Hedgers [...]

Theoretical Positions: 2023 production has been priced with cash contracts or short futures hedges. Dec23 short hedges would’ve been rolled to March24 at a strong carry during November. March short [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025 and possibly some 2026. Understandably, not everyone is in that same position. Hedgers [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025 and possibly some 2026. Understandably, not everyone is in that same position. Hedgers [...]

Theoretical Positions: 2023 production has been priced with cash contracts or short futures hedges. Dec23 short hedges would’ve been rolled to March24 at a strong carry during November. March short [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025 and possibly some 2026. Understandably, not everyone is in that same position. Hedgers [...]

Theoretical Positions: 2023 production has been priced with cash contracts or short futures hedges. Dec23 short hedges would’ve been rolled to March24 at a strong carry during November. March short [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025 and possibly some 2026. Understandably, not everyone is in that same position. Hedgers [...]

Theoretical Positions: 2023 production has been priced with cash contracts or short futures hedges. Dec23 short hedges would’ve been rolled to March24 at a strong carry during November. March short [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025. Understandably, not everyone is in that same position. Hedgers Short hedges would be [...]

Theoretical Positions: 2023 production has been priced with cash contracts or short futures hedges. Dec23 short hedges would’ve been rolled to March24 at a strong carry during November. March short [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025. Understandably, not everyone is in that same position. Hedgers Short hedges would be [...]

Theoretical Positions: 2023 production has been priced with cash contracts or short futures hedges. Dec23 short hedges would’ve been rolled to March24 at a strong carry during November. March short [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025. Understandably, not everyone is in that same position. Hedgers Short hedges would be [...]

Theoretical Positions: The bulk of 2023 production has been priced with cash contracts or short futures hedges. Dec23 short hedges would’ve been rolled to March24 at a strong carry during [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025. Understandably, not everyone is in that same position. Hedgers Short hedges would be [...]

Theoretical Positions: The bulk of 2023 production has been priced with cash contracts or short futures hedges. Dec23 short hedges would’ve been rolled to March24 at a strong carry during [...]

Theoretical Positions: A large part of 2024 production has already been priced, as well as some 2025. Understandably, not everyone is in that same position. Hedgers Short hedges would be [...]