Oil Tumbles As Traders Frontrun USO Liquidation Of Entire June Exposure
Apr 27th 2020 10:04am EDT
Oil Tumbles As Traders Frontrun USO Liquidation Of Entire June Exposure While the culprits behind last week’s historic oil plunge to a negative $40/barrel have yet to be conclusively identified, with some pointing fingers at US retail traders, while others blaming tremendous losses in Chinese structured products, one clear usual suspect is the USO, the […]
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