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MGRM's losses due to "stacking" started to increase when

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MGRM's losses due to "stacking" started to increase when

A.

the oil market went from contango to backwardation

B.

the oil market went from backwardation to contango

C.

the oil market went from weak backwardation to strong backwardation

D.

the oil market went from strong contango to weak contango

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