Brent More Contango-ey

Menzie Chinn
By Menzie Chinn of Econbrowser
Professor of Public Affairs and Economics at the University of Wisconsin •

Chances of a near term reopening have declined.

As of NYMEX open:

This has occurred as the chances of a near term reopening have declined.

Notes: August 1 (orange), September (blue), October (green). Source: Kalshi, accessed 6/28/2026, 5:15PM CT.

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