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Crude oil price ranges had been established for a weekly obtain after a string of losses over the information of a trade war ceasefire in between the U.S. and China, which…

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WTI and Brent oil futures are money contracts that let participants to speculate on the future price of crude oil.

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Front Month Contract: Whenever you listen to conditions like ‘The present price of oil’ or ‘oil is trading at $X these days’, these statements make reference to the front thirty day period agreement.