Crude Trading 101: Backwardation vs. Contango

April 1 (Bloomberg) -- On today's "Futures In Focus," Alix Steel reports on the meaning of Backwardation and Contango as they relate to crude oil. RJO Futures' Phil Streible also speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Hanergy's Li Says Company Inquiry Is ‘Pure Rumor’
06:30 - After a 47% plunge in the stock and a $19B reduction in market value, the chairman of Hanergy Thin Film is speaking out. Li Hejun is standing his ground and calling reports of the company under investigation pure rumor. Bloomberg’s Yvonne Man reports on “First Up.” (Source: Bloomberg)
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