Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
By the end of March, the market shifted narrowly into backwardation.
They want the strip to stay in backwardation.
US diesel futures have also shifted into the widest backwardation since March, a market structure where prompt contracts trade at premiums to longer-dated ones.
Source: https://www.insurancejournal.com/news/international/2023/09/12/739924.htm