Minutes before Trump's announcement, $800 million in trades made on oil prices

https://lemmy.world/post/44666676

Minutes before Trump's announcement, $800 million in trades made on oil prices - Lemmy.World

At 9.50pm AEDT yesterday, there was a sudden spike in trading [https://www.9news.com.au/finance] on the oil and S&P 500 futures market. 6.50am New York time is an unusual time for a rush on trades on West Texas Intermediate May futures. But it showed that all of a sudden, a substantial sum of money was bet on oil prices [https://www.9news.com.au/finance/us-iran-gas-field-and-oil-prices/e8ddb640-9937-4cdf-a24a-9c014844a1cf] dropping and the stock market rising.

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Jackass