Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Deutsche Bank Recommends Selling Brent Oil Timespreads

Don't Miss Out —
Follow us on:

(Corrects spelling of bank, analyst’s name in first and second paragraphs.)

March 27 (Bloomberg) -- Investors should sell Brent oil future time spreads as the price difference between prompt supplies and later shipments may narrow as governments release stockpiles, Deutsche Bank AG said.

Participants should also sell the price difference between different months for U.S. gasoline futures as falling motor-fuel demand in the country will “send strength in the gasoline complex to an abrupt halt,” according to a note today from Michael Lewis, a Deutsche Bank analyst in London.

To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.