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ANOTHER massive, perfectly-timed oil trade just hit the market.
$760M+ in Brent crude shorts were placed 20 minutes before headlines that the Strait of Hormuz would remain open.
In 1 minute, between 12:24 GMT and 12:25 GMT, a combined 7,990 lots of Brent crude futures were sold, per LSEG data.
This is now the THIRD instance of unusually well-timed oil trades in under a month:
First on March 23, where ~$580M was sold 15 minutes before Trump's Iran de-escalation post, with oil prices dropping -15%.
Then on April 7, where ~$950M was sold hours before a US-Iran ceasefire, with oil crashing -15%.
And now, April 17, where ~$760M was sold 20 minutes before Hormuz reopening, with oil falling -11% toward $85/barrel.
That's $2.29 BILLION in "well-timed" trades in 26 days.
Someone had the playbook.