Quant Interview Practice Questions

The current spot price of West Texas Intermediate (WTI) crude oil is 70 dollars per barrel. The one-month futures contract for WTI is trading at 75 dollars per barrel. Is the crude oil market in contango or backwardation? What is the implication of this market structure for a trader implementing a long futures roll strategy, where they consistently hold a long position in the front-month futures contract and roll it forward each month?