politics @lemmy.worldEnglish · 1 day ago

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

www.9news.com.au

112

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

www.9news.com.au

Substance_P@lemmy.world to

politics @lemmy.worldEnglish · 1 day ago

112

At 9.50pm AEDT yesterday, there was a sudden spike in trading 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 dropping and the stock market rising.

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Seaguy05@lemmy.world
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6 hours ago
This would be a great use of civil forfeiture. Then we’re in a win win situation… either they finally correct this legal theft policy or they take the money from those profiting insider knowledge.

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