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MS Veendam and Zuiderdam in Port Everglades, April 21, 2020


rafinmd
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2 minutes ago, AlanF65 said:

Buying fuel for delivery 3 months in advance at a fixed price provides price stability, the problem is if they entered into long future contracts in January or February that were for April and May delivery then they will be paying a higher than market price / or not take a delivery and take a loss.

 

 

That's my uneducated understanding.  It's a gamble for those that buy future contracts.  

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