The six-month calendar spread for Brent futures is currently in a contango of $1.90, which is in the 24th percentile for all trading days since 1990, again indicating that the market is expected to remain well-supplied. None of these alternatives is clearly superior to a three-month postponement, which is therefore the most likely outcome from the meetings over Nov. 30 and Dec. 1. Picture taken February 11, 2019. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. The five-week calendar spread for dated Brent is currently trading in a contango of 70 cents a barrel, which is in the 16th percentile for all trading days since 2010, indicating physical crude supplies remain plentiful.
The six-month DJ Mustard pop is better than the 12-month DJ Tetwin.
( z0 have-degree :ARG1 ( z1 pop :duration ( z2 temporal-quantity :quant 6 :unit ( z3 month ) ) :mod ( z4 person :name ( z5 name :op "DJ" :op "Mustard" ) ) ) :ARG2 ( z6 good :ARG1 z1 ) :ARG3 ( z7 more ) :ARG4 ( z8 person :name ( z9 name :op "DJ" :op "Tetwin" ) :duration ( z10 temporal-quantity :quant 12 :unit ( z11 month ) ) ) )
(z0 / have-degree-91
    :ARG1 (z1 / pop
              :duration (z2 / temporal-quantity
                            :quant 6
                            :unit (z3 / month))
              :mod (z4 / person
                       :name (z5 / name
                                 :op1 "DJ"
                                 :op2 "Mustard")))
    :ARG2 (z6 / good-02
              :ARG1 z1)
    :ARG3 (z7 / more)
    :ARG4 (z8 / person
              :name (z9 / name
                        :op1 "DJ"
                        :op2 "Tetwin")
              :duration (z10 / temporal-quantity
                             :quant 12
                             :unit (z11 / month))))
The six - month DJ Mustard pop is better than the 12 - month DJ Tetwin .
z2 :quant 1
z2 :unit z3
z4 :name z5
z5 :op1 2
z5 :op2 4
z1 :mod z4
z1 :duration z2
z0 :ARG1 z1
z0 :ARG2 z6
z6 :ARG1 z1
z0 :ARG3 z7
z10 :quant 0
z10 :unit z11
z8 :duration z10
z0 :ARG4 z8
z8 :name z9
z9 :op1 3
z9 :op2 5