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NYMEX Crude Oil in Contango Month Settlement Price June 06 July 06 August 06 September 06 October 06 November 06 $74.05 $75.30 $75.85 $76.30 $76.58

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NYMEX Crude Oil in Contango Month Settlement Price June 06 July 06 August 06 September 06 October 06 November 06 $74.05 $75.30 $75.85 $76.30 $76.58 $76.65 10. The condition in the table above is known as: A. Backwardation B. Contango C. Short-selling D. Overpricing

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