CL spreads

I noticed that the spreads are a little out of line here.. just wanted to see if anyone had any explanation..

CXItH23l.png
 
----spreads are a little out of line....
----explanation......
The usual reasons?......
1) Stale quotes. :)
2) Bull spreading. :cool:
3) Pipeline issues that will "resolve" in the Summer. :cool:
4) Excessive speculation in the front months and excessive hedging in the deferred months. :(
 
The usual reasons?......
1) Stale quotes. :)
2) Bull spreading. :cool:
3) Pipeline issues that will "resolve" in the Summer. :cool:
4) Excessive speculation in the front months and excessive hedging in the deferred months. :(

Definitely not stale quotes.. June is getting hard buying pressure is my guess..
 
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