Short & sweet

  • On Tuesday, a total of 764,000 put options on Brent were traded at a record high.

  • Some of the biggest trading deals only pay out if the oil price falls to 70 USD.

  • US-Iran talks and the restart of the Saudi pipeline lead to a decline in the oil price

Read the original story Traders bet record amounts against oil prices: Will prices fall to 70 USD? by Lockridge Okoth on de.beincrypto.com