The Day Oil Went Negative, These Unlikely Traders Made $660M
Over the span of a few hours one day in April 2020, a guy called Cuddles and eight of his pals from the freewheeling world of London’s commodities markets rode oil’s crash to a $660 million profit. Now regulators are scrutinizing their once-in-a-lifetime trade.
Read more about the story in Bloomberg Businessweek: https://www.bloomberg.com/news/featur…
Source: https://totalinvestor.blogspot.com/2024/01/the-day-oil-went-negative-these.html
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