biz.Best
photo profile biz.Best 3k Posts
statut biz.Best Certified
Biography
Business | Innovation
Inspiration | Motivation
Watch Video
Share
December 7, 2021

As the news of the new Covid-19 omicron variant spread, no market was hit harder than crude oil, which tumbled over 10%. However, the selling pressure may have been exacerbated by hedging moves from investors who had, prior to news of variant, been betting on oil surging to around $100 a barrel. Here’s the story behind the options machinations that roiled oil markets during the past week. Presented by @CME Group: cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights


"Subscribe to the YouTube channel: bit.ly/2TwO8Gm

Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.

Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: cor.us/surveys/27AF30

Connect with on…
YouTube: youtube.com/user/Bloomberg
Breaking News on YouTube: youtube.com/c/BloombergQuickTakeNews
Twitter: twitter.com/quicktake
Facebook: facebook.com/quicktake
Instagram: instagram.com/quicktake"

#finance #news #bloomberg #cme #quicktake #markets