Shariq Khan

Bank sold over $270 million of US oil futures ahead of OPEC+ meet, source says A single bank sold a large volume of U.S. oil futures contracts in early afternoon trading on Wednesday, a person with direct knowledge of the matter said, pushing prices down more than 1% within minutes and causing traders to scramble to decipher the reason.

A single bank sold a large volume of US oil futures in early afternoon trading on Wednesday, a source told me, pushing oil down more than 1% within minutes and causing traders to scramble to decipher the reason. #oil #oott
www.reuters.com/markets/comm...