You hold one long oil futures contract that expires in April.To close your position in oil futures before the delivery date, you must

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To close a long position in futures, one needs to sell the same number of futures contracts that were bought to initiate the position. In this case, the long position is in April oil futures, so to close the position before delivery, one needs to sell one April oil futures contract. Buying a May oil futures contract or buying two April oil futures contracts would not close the long position in April oil futures. Selling a May oil futures contract is also not relevant to closing a long position in April oil futures.

You Hold One Long Oil Futures Contract That Expires in April.To