The total amount of short crude oil trades reached $2.2 billion, with some transactions under investigation.

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ME News Report, April 18 (UTC+8), on April 17, a short position in crude oil worth over $760 million was established 20 minutes before Trump announced the Strait of Hormuz would remain open; after the announcement, oil prices dropped 10% within minutes. On April 7, before the US-Iran ceasefire statement was issued, the market built a short position in crude oil worth $950 million. On March 23, before Trump announced the delay of strikes on Iran's energy infrastructure, the market established a short position in crude oil worth $500 million. The U.S. Commodity Futures Trading Commission (CFTC) has launched an investigation into the trades on March 23 and April 7. (Source: MLion)
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GateUser-870b5e71
· 7h ago
760 million + 950 million + 500 million, the bears are making a killing
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Frost-ColoredCubeCity
· 7h ago
Trump calls the trades, Wall Street shorts, a classic combination
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RouterWhisperer
· 7h ago
Institutions take the meat, retail investors drink the broth, and now the broth is gone.
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