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Traders place $430 million bet on lower oil price before Trump ceasefire extension
The trades came in post-settlement hours, when volumes are usually extremely limited, and Brent crude fell to a low of $96.83 after Trump’s announcement.
- On Tuesday, the Commodity Futures Trading Commission launched an investigation into $430 million in bearish oil bets placed 15 minutes before President Donald Trump announced an indefinite ceasefire extension with Iran.
- These trades represent the fourth suspicious instance this month of well-timed directional betting on oil prices ahead of major Iran-related announcements, bringing total April wagers to $2.1 billion.
- Unidentified traders executed 4,260 sell orders for Brent crude futures between 19:54 and 19:56 GMT, exploiting low liquidity during post-settlement hours before Trump's 20:10 GMT announcement.
- Brent crude prices fell from $100.91 to $96.83 per barrel within minutes of the announcement, though the volume of these trades had limited immediate market impact.
- Regulatory scrutiny follows earlier suspicious positions, including $500 million in March, $950 million on April 7, and $760 million on April 17, all preceding policy shifts in the US-Iran conflict.
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Times of IndiaReposted by 
The Economic Times
The Economic TimesUS Stocks: Traders place $430 million bet on lower oil price before Trump ceasefire extension
Traders placed a series of bets worth $430 million on a drop in crude prices just 15 minutes before U.S. President Donald Trump said he would extend a ceasefire with Iran on Tuesday.
·India
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Traders Placed $430M Bets Minutes Before Trump Extended Iran Ceasefire
Unidentified traders executed a highly suspicious $430-million bearish bet on crude oil futures roughly 15 minutes before President Trump announced an indefinite extension of the U.S.-Iran ceasefire. The traders placed a total of 4,260 sell orders for Brent crude futures during a "post-settlement" period when trading volume is typically extremely low, with the directional trades occurring between 19:54 and 19:56 GMT on Tuesday, just minutes befo…
·London, United Kingdom
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Total News Sources12
Leaning Left1Leaning Right3Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
13%
C 50%
R 37%
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