FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. 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. And most likely for three months with another review towards the end of the first quarter. Physical traders and portfolio managers have started to price in a high probability of a rollover in recent weeks, which has helped to support spot prices and calendar spreads despite the worsening epidemic.
Texas has money to send to the first quarter of the year 2020.
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                                     :ord (z6 / ordinal-entity
                                              :value 1)
                                     :part-of (z7 / date-entity
                                                  :year 2020)))))
Texas has money to send to the first quarter of the year 2020 .
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