Traders bet $500 million on oil price
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Oil futures recovered from losses that followed Trump’s extension of the deadline for attacking Iranian energy infrastructure.
(Bloomberg) -- Trump administration officials aren’t prioritizing having the Treasury Department trade oil futures as the White House weighs a long list of options to relieve pressure on global energy prices, according to a person familiar with the matter.
March 24 (Reuters) - U.S. crude futures rose more than $1 in early Asia trade on Tuesday as markets assessed the supply outlook after Iran denied holding talks with the United States, contradicting President Donald Trump's earlier claim that discussions were under way.
Traders on decentralized exchange Hyperliquid are increasingly favoring perpetual futures tied to commodities.