Economy / Finance

Traders Betting on $200 per Barrel Oil in March

QNavyBy
0
Post Views: 705

As the Russia–Ukraine conflict continues to rattle global markets, some traders are betting on crude oil prices going over $200 per barrel this month suggesting relief, in terms of fuel and related costs, is still far off.

The prices of call option contracts for higher crude oil prices rose on Monday according to an analysis of ICE Futures Europe data by Bloomberg. Roughly 200 options contracts were traded on March 7 for May Brent futures at $200 a barrel.

This content is for Q17c Membership, Classified Membership, and LifeTime Patriot Membership members only.
Login Join Now
QNavy
QNavy is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

The Curtain Close on COVID Theater

Previous article

Rebuilding the Soviet Union: Putin’s Plan to Invade Ukraine and Destroy NATO | CLIP

Next article

You may also like

Comments

Comments are closed.

More in Economy / Finance