Traders Place Large $950 Million Bet on Oil Price Falling Hours Ahead of Ceasefire

By Amanda Cooper, Alex Lawler and Ahmad Ghaddar Investors sold 8,600 oil futures lots before US-Iran ceasefire, LSEG data shows Large single trades are rare, typically spread across exchanges to avoid price impact Oil trading volumes and volatility have surged since the war, hitting ​record highs LONDON, April 8 (Reuters) – Investors placed an approximately … Read more