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Consider a speculator in a long oil futures contract that controls 1 0 0 0 barrels of oil. If the speculator signs 1 1 long
Consider a speculator in a long oil futures contract that controls barrels of oil. If the speculator signs long positions when the price of oil is $ and the price of oil changes to $ how much money has the speculator made or lost?
Round the answer to the whole number.
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