The highly concentrated flurry in Brent and WTI futures could signal possible insider knowledge that triggered a sell-off, the outlet has suggested
Oil traders placed more than half a billion dollars in bets minutes before US President Donald Trump announced “productive” talks with Iran on Monday, the Financial Times has reported.
A burst of activity followed by a sharp price drop has raised questions about possible advance knowledge among market participants.
About 6,200 Brent and WTI futures contracts changed hands between 6:49 AM and 6:50 AM in New York – a one-minute flurry worth $580 million, based on FT calculations using Bloomberg data…
Read the full article at RT.COM
