RPT-COLUMN-Oil fund’s forced sales send WTI prices plunging again: Kemp
Front-month U.S. light crude
oil futures prices slumped almost 25% yesterday, the second
sharp tumble in a week, after the exchange operator ordered a
major commodity fund to sell some of its near-dated futures
contracts.
oil futures prices slumped almost 25% yesterday, the second
sharp tumble in a week, after the exchange operator ordered a
major commodity fund to sell some of its near-dated futures
contracts.
Posted by Reuters
