Assume the term structure of the chosen futures contract goes from

backwardation into contango $($or vice versa$)$ during the second half of $2024.$

Evaluate the main implications of this change for traders, consumers, and

suppliers.

$$ Analyse any three $(3)$ news events that have impacted the futures curve in the

past year. Discuss briefly how futures traders could have traded those news

events.

Mar$-242164\mathrm{.}2$

Apr$-242166\mathrm{.}5$

May$-242177\mathrm{.}1$

Jun$-242188\mathrm{.}2$

Jul$-24$ N$/$A

Aug$-242208\mathrm{.}7$

Sep$-24$ N$/$A

Oct$-242221\mathrm{.}3$

Nov$-24$ N$/$A

Dec$-242247\mathrm{.}1$

Jan$-25$ N$/$A

Feb$-252262\mathrm{.}6$