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On February 1 , 2 0 2 5 , Price Energy entered into a futures contract for 5 , 0 0 0 barrels of oil

On February 1,2025, Price Energy entered into a futures contract for 5,000 barrels of oil at $57 per barrel. The contract specified delivery for May 1,2025. Spot prices for crude oil during the contract period are provided below.
\table[[,February 1,March 31,May 1],[\table[[Price of crude oil (per],[barrel):]],$57,.$61,$59
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