A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
The nearest expiration date for Gasoil 0.1% Cargoes CIF MED (Platts) vs. Low Sulphur Gasoil Futures (Jan 2013) is Jan 31, 2013.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gasoil 0.1% Cargoes CIF MED (Platts) vs. Low Sulphur Gasoil Futures (Jan 2013) before Jan 31, 2013.