You are here

Opec decision reinforces bearish outlook

Monday, June 8, 2015 - 05:50

New York

CRUDE oil options sank at the fastest pace in years after Opec decided to keep pumping crude at record rates, prompting traders to unwind bets they had placed ahead of the group's meeting to protect against possible wild fluctuations in futures prices.

The CBOE crude oil

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom