Shanghai crude open interest doubles as traders short on coronavirus
Bearish views stemming from the
coronavirus outbreak have increased trading activity on China’s
crude oil futures, as investors shorting the contract resulted
in a surge in open interest levels to record highs in the past
week.
coronavirus outbreak have increased trading activity on China’s
crude oil futures, as investors shorting the contract resulted
in a surge in open interest levels to record highs in the past
week.
Posted by Reuters
