๐จ BEARISH BETS AGAINST OIL HAVE JUST REACHED A HISTORIC RECORD.
Put options on Brent crude have just hit a record of 764,000 contracts.
Oil has already fallen by more than 10% in just 8 days. And traders are betting that the massive sell-off isnโt over yet.
Talks of agreement between the U.S. and Iran and the reopening of a major export pipeline in the Middle East are adding even more pressure.
In just days, the oil market has shifted from supply panic to record pessimism.#TRUMP #iran $BTC
Put options on Brent crude have just hit a record of 764,000 contracts.
Oil has already fallen by more than 10% in just 8 days. And traders are betting that the massive sell-off isnโt over yet.
Talks of agreement between the U.S. and Iran and the reopening of a major export pipeline in the Middle East are adding even more pressure.
In just days, the oil market has shifted from supply panic to record pessimism.#TRUMP #iran $BTC
