As geopolitical tensions rise amongst oil producing nations, crude oil futures have fallen right into a state of backwardation. How does backwardation alter the outlook for the market, and can escalating geopolitical dangers drive additional volatility? Offered by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
