Why traders playing oil like it’s 2010 are 'getting their heads handed to them' - Yahoo Finance

in #business4 years ago

Why traders playing oil like it’s 2010 are 'getting their heads handed to them' - Yahoo Finance

https://s.yimg.com/uu/api/res/1.2/F4qqHUZzZh7wf0dzmIBKMw--~B/aD0xMzc2O3c9MjA0NjtzbT0xO2FwcGlkPXl0YWNoeW9u/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2020-01/d5c768e0-34b2-11ea-9d55-75255085f8f5

Click here to read source article from Yahoo.com

Summary

Crude oil traders who bet on a major price surge after U.S.-Iran tensions flared last week ended up losing big.

My Thoughts

This article from Yahoo really sums up how I feel about the entire industry as a whole. It's a quick read so I suggest if you are interested to check out the source article. I tried to summarize it the best I could for the rest of you.

Thank you for Reading!

This has been your business news update. Thank you so much for reading. I do my best to bring Steem the most up to date news. Please don't forget to leave your thoughts and comments below.


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