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Chris Martenson: Future oil contract for Dec27 reaches record high

Chris Martenson: Future oil contract for Dec27 reaches record high
Future oil contract hits record level

The future oil contract for December 2027 has reached its highest level ever and continues to rise. Chris Martenson highlighted this development, saying that there may be further increases ahead.

Martenson previously reported that recent tanker attacks and disruptions in the Strait of Hormuz have driven effective oil prices to a $200 equivalent at the pump. He also observed a 16 basis point spike in long rates as TLT hit a new low and crude prices declined. These developments have been closely watched for their impact on energy markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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