A futures contract is a contract written on an underlying asset, explain the impact that the 20th of April's price decline and immediate recovery would have on futures contracts that utilise WTI crude oil as an underlying asset. Was the impact the same on all futures contracts written on WTI crude for the year 2020 and if not, why?

Answer rating: 100% (QA)

The price decline and immediate recovery that occurred on the 20th of April would have had a significant impact on futures contracts that utilize WTI crude oil as an underlying asset To understand the ... View the full answer