The decision by the Organization of the Petroleum Exporting Countries and allies last week to cut oil production has spurred a flurry of activity in the options market – but with more U.S. bettors opting for a bearish stance, data from CME Group (NASDAQ:CME) showed. OPEC+, as the group is known,...
https://www.hellenicshippingnews.com/opec-cut-spurs-u-s-hedging-but-against-lower-oil-prices/