Energy experts have questioned the recent focus on contango in the energy markets, noting investors should concentrate on the total return from energy.
Others have gone further, questioning the validity and basis of contango-detractors' arguments.
hey crude, don't make it bad!
Contango is the state of affairs where the futures contracts' prices rise the further one goes into the future. This forces passive commodities investments such as indices, so detractors contend, to have to pay a higher p