Three crude oil short positions amount to $2.2 billion, with some trades 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 established 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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OwlMarketMonitoringLamp
· 3h ago
Can the CFTC enforce it? Those in the know understand.
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PfpArchaeologist
· 4h ago
Dropping 10% in a few minutes, this liquidity crash is really fierce.
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WalletHealthInspector
· 4h ago
If there's nothing fishy about this, I’ll eat the candlestick chart.
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GateUser-d2929483
· 4h ago
Ordinary people analyze technicals to go long or short; others look at Twitter trailers.
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NodeUnderTheAurora
· 4h ago
It is recommended to check who placed the order; it might be more interesting than just checking the transaction itself.
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