Oil-price bets ahead of Iran war news totalled $7B, reporting shows

Oil-price bets ahead of Iran war news totalled $7B, reporting shows(reuters.com)

47 points by geox 10 days ago | 7 comments

What is the challenge in identifying the trader(s) here? Isn't this a simple SQL query? How many personal accounts could there possibly be making $1B bets within those 10-15 minute windows?

conception 10 days ago | |

I mean… who know who they are. But not enough folks care.

throw1234567891 10 days ago |

Does it imply that half of the administration of the US should be imprisoned for insider trading and starting a war for personal financial interests? Well, colour me surprised.

fakedang 10 days ago | |

I mean, that 7 billion USD amount also includes some of us on the other side of the pond placing bets based on the very obvious shitpost patterns of your highly stable president.

estearum 10 days ago | | |

No it doesn't.

These are outlier trades by size alone placed minutes before news broke.

This isn't just people betting on TACO or NACHO or pathological lying and whatnot. These are ultra, ultra high-conviction bets literally large enough to move commodities markets placed minutes before news that, astoundingly, moved the market in exactly the right direction!

throw1234567891 10 days ago | | |

I like how you make an assumption about “my president”.