FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. And most likely for three months with another review towards the end of the first quarter. 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. 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. Picture taken February 11, 2019.
Brent futures will hit an all time closing record.
( z0 hit :ARG0 ( z1 futures :name ( z2 name :op "Brent" ) ) :ARG1 ( z3 record :mod ( z4 close :ARG1 z1 ) :time ( z5 time :mod ( z6 all ) ) ) )
(z0 / hit-02
    :ARG0 (z1 / futures
              :name (z2 / name
                        :op1 "Brent"))
    :ARG1 (z3 / record
              :mod (z4 / close-02
                       :ARG1 z1)
              :time (z5 / time
                        :mod (z6 / all))))
Brent futures will hit an all time closing record .
z2 :op1 0
z1 :name z2
z0 :ARG0 z1
z5 :mod z6
z4 :ARG1 z1
z3 :mod z4
z3 :time z5
z0 :ARG1 z3