Source: Reuters (via feed)
Traders placed $500 million on crude oil futures about 15 minutes before U.S. President Donald Trump announced a five-day delay to planned attacks on Iran’s energy infrastructure. This information is based on exchange data and Reuters calculations. Following the announcement, the market experienced a notable decline. Reuters provided visual data showing the timing of the bets relative to the announcement. The presidential post occurred close in time to the trading activity observed in the oil futures market.
BizTrendWire Insight:
Traders placed significant bets on crude oil futures just before a major announcement affecting the energy sector. This timing illustrates direct market involvement surrounding specific news events.
Traders placed significant bets on crude oil futures just before a major announcement affecting the energy sector. This timing illustrates direct market involvement surrounding specific news events.
