contango

Release date- 08082019 - Contango Oil & Gas Company (NYSE American: MCF) ('Contango' or the 'Company') announced today its financial results for the second quarter ended June 30, 2019 and provided an operational update.

In a sign of the supply-demand balance, Brent briefly dipped into contango on Wednesday for the first time since March.

Earlier in the session, the frontmonth Brent contract flipped to trade at a discount to the secondmonth contract, a market structure known as contango, for the first time since March.

Gold & minerals company Contango ORE Inc (OTCQB:CTGO) on Friday reported a net loss of USD1.8m (USD0.30 per basic and diluted share) for the three months ended 31 December 2018

Contango ORE announced that Royal Gold, the parent of Royal Alaska, CORE's joint venture partner in the Peak Gold, LLC joint venture, which is developing the Peak Gold exploration project located near Tok, Alaska, has retained Scotia Capital Inc.

The price market structure for the Brent crude price has flipped to a slight backwardation after hovering in a slight contango for the past two weeks.

"When the traders started floating the cargoes, the market was in a contango of about $1, but it has now flipped into backwardation, so there is more urgency to sell the cargoes," a Singapore-based trader said.

When a price structure known as contango emerged in the oil market, traders were able to lock in profits by storing crude for future delivery

(AEG) (NYSE American: AXU) (TSX: AXR) has acquired Canada-based water treatment systems provider Contango Strategies Ltd.

The iron ore forward curve has made history in November by recording the longest period of contango in its brief existence.

Tosaki's Rest Of The World team-mate Kerrin McEvoy has a good chance of landing the Shergar Cup Classic (3.25) aboard CONTANGO.

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