Skip to main content
You have permission to edit this article.
Edit

Oil, stock trading spiked before Trump's Iran remarks

  • 0

Front One Top

No evidence of insider trading had been established as of Tuesday

No evidence of insider trading had been established as of Tuesday

Thousands of oil contracts -- a far higher volume than normal -- were traded 15 minutes before US President Donald Trump pledged to halt strikes on Iranian energy infrastructure, sending prices tumbling, data showed on Tuesday.

Between 1049 GMT and 1050 GMT, 734 oil contracts changed hands, and in the next minute that number surged to 2,168 -- 16 times higher than the average observed through the day up to that time.

Keep reading

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

Tags

Our Standards

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Test polling

You voted:

Global Side Primary

300 x 250 300 x 600