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Traders place large US$950-million bet on oil price falling hours ahead of ceasefire

Commodities & Raw MaterialsEnergy Markets & PricesCommodity FuturesFutures & OptionsGeopolitics & WarDerivatives & VolatilityInvestor Sentiment & PositioningMarket Technicals & Flows

Investors placed an approximately $950 million bet on oil prices falling just hours before the U.S. and Iran announced a ceasefire. The large bearish positioning in oil futures/options highlights increased volatility and risk-off positioning in energy markets ahead of a major policy announcement by President Trump.

Analysis

Investors placed an approximately $950 million bet on oil prices falling just hours before the U.S. and Iran announced a ceasefire. The large bearish positioning in oil futures/options highlights increased volatility and risk-off positioning in energy markets ahead of a major policy announcement by President Trump.

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