@UnintendedCons5@CRUDEOIL231 did we really have no releases in SPR Non-China between March and April? thought that places like Japan would be releasing some crude and products
@ALikhodedov@polspring1845 Thanks for all the explanations, Anton, but i still don't get one thing - Forties for Apr 29th loading traded at "Dated" + 20.5
but looking the chart - this 20.5 is part of the math to get Dated Brent at 132.7. In the end, did Forties trade at 132.7 + 20.5 ?
@BenniKim I am a former market maker in FX Options, moved to commodities (delta one though) recently. Long way to go, but first impression cmdty mkts dont look to fwd vol that often
@BenniKim Re BRL...State holiday in Brazil today, some ppl off, not the greatest day to evaluate price moves.. also BRL went lower when Trump mentioned that "Brz hasnt been good to us". Sentiment wasnt good since yday tbh