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Traders Bet On $100-a-Barrel Oil as Middle East Risks Escalate

A flurry of crude options that pay out if prices rally to $100 a barrel traded Wednesday, a sign some traders are looking to hedge against the risk of supply disruptions in the Middle East.

By: financialpost.com

Oct 02 2024
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Traders Bet On $100-a-Barrel Oil as Middle East Risks Escalate

(Bloomberg) — A flurry of crude options that pay out if prices rally to $100 a barrel traded Wednesday, a sign some traders are looking to hedge against the risk of supply disruptions in the Middle East. Read More

Traders Bet On $100-a-Barrel Oil as Middle East Risks Escalate

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