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. 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. This is suicidal, Guterres warned. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. WELL-SUPPLIED MARKETIn the United States, high-frequency data shows stocks of crude and products outside the strategic petroleum reserve are still 113 million barrels, or nearly 9%, above the five-year seasonal average (tmsnrt.rs/37Kxc97).
Paying for the constitutionally required Prize Pie Amendment and participating in the six month waiting period, as well as taking part in the physical supply restraint and release of cream and jacks.
( z0 and :op ( z1 pay :ARG3 ( z2 law :name ( z3 name :op "Prize" :op "Pie" :op "Amendment" ) :ARG1-of ( z4 require :ARG0 ( z5 constitutional ) ) ) ) :op ( z6 participate :ARG1 ( z7 period :duration-of ( z8 wait :duration ( z9 temporal-quantity :quant 6 :unit ( z10 month ) ) ) ) ) :op ( z11 participate :ARG1 ( z12 and :op ( z13 restrain :ARG1 ( z14 supply :mod ( z15 physical ) ) ) :op ( z16 release :ARG1 ( z17 and :op ( z18 cream ) :op ( z19 jacks ) ) ) ) ) )
(z0 / and
    :op1 (z1 / pay-01
             :ARG3 (z2 / law
                       :name (z3 / name
                                 :op1 "Prize"
                                 :op2 "Pie"
                                 :op3 "Amendment")
                       :ARG1-of (z4 / require-01
                                    :ARG0 (z5 / constitutional))))
    :op2 (z6 / participate-01
             :ARG1 (z7 / period
                       :duration-of (z8 / wait-01
                                        :duration (z9 / temporal-quantity
                                                      :quant 6
                                                      :unit (z10 / month)))))
    :op3 (z11 / participate-01
              :ARG1 (z12 / and
                         :op1 (z13 / restrain-01
                                   :ARG1 (z14 / supply-01
                                              :mod (z15 / physical)))
                         :op2 (z16 / release-01
                                   :ARG1 (z17 / and
                                              :op1 (z18 / cream)
                                              :op2 (z19 / jacks))))))
Paying for the constitutionally required Prize Pie Amendment and participating in the six month waiting period , as well as taking part in the physical supply restraint and release of cream and jacks .
z4 :ARG0 z5
z2 :ARG1-of z4
z1 :ARG3 z2
z2 :name z3
z3 :op2 2
z3 :op1 3
z3 :op3 1
z0 :op1 z1
z0 :op2 z6
z9 :quant 0
z9 :unit z10
z8 :duration z9
z7 :duration-of z8
z6 :ARG1 z7
z0 :op3 z11
z14 :mod z15
z13 :ARG1 z14
z12 :op1 z13
z11 :ARG1 z12
z12 :op2 z16
z17 :op1 z18
z16 :ARG1 z17
z17 :op2 z19