Bank sold over $270 million of US oil futures ahead of OPEC+ meet, source says

Capt. John

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. The sale, just hours ahead of an OPEC+...

https://www.hellenicshippingnews.com/bank-sold-over-270-million-of-us-oil-futures-ahead-of-opec-meet-source-says/

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