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Crude flips again just as retailers warn and business sales drop.

Eurodollar University

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The WTI Curve Is Now a Nickel, Five Pennies, Into Contango in the Front Two Contracts

The WTI curve is now a nickel, five pennies, into Contango in the front two contracts when it should be nowhere near. Home Depot on Tuesday projected its first decline in annual revenue since 2009. We've got other retailers like Target telling us that interest rates are going to go down and then all at once.

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