Mar/Apr/May13 Heating Oil

TraDaToR · May 11, 2012

???

Any hindsight on why May is so high or why April is so low?

I bought the spread@ -300 yesterday.

Thanks a lot.

petrotrader · May 15, 2012

Because the NYMEX is changing the specs of the heating oil contract with the May '13 contract. More here: http://www.mercatusenergy.com/blog/...on-to-Lower-Sulfur-Heating-Oil-Gasoil-Futures

TraDaToR · May 16, 2012

Thanks a lot.

When it's too good to be true....