OilPrice · · 1 min read

Perfectly-Timed $1 Billion Wagers Tied To Iran War Raise Suspicion

A couple of weeks ago, we reported that traders had ramped up bearish bets on oil prices, with traders pouring nearly $1 billion into the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), a leveraged bet on falling prices following war-driven highs. This massive buildup in bearish sentiment came s

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