Another strong week for the front of the curve as the curve is becoming increasingly backwardated. June futures gained $10 to $615/st, July gained $14 to $614, August gained a whopping $27 to $607 and September gained $25 to $600/st. The curve is pricing in a longer than expected run at and above $600. Q4 was up slightly to $570/st while Q1 and Q2 2017 were flat at $545/st and $535/st, respectively.