Skittish Oil Market Enters an Uneasy Calm Over Middle East Risk [Financial Post (Toronto, Ontario, Canada)]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — At no stage this week did crude futures trade higher than where they were last Friday, before Iran's attack on Israel. And while prices jumped again this Friday after reports that Israel had struck back, futures ultimately turned lower to close little changed. It's a sign that — for now at least — traders are betting regional tensions won't morph into a conflict that ruptures global oil supplies anytime soon. Article content Article content That's only one side of the story, though. Intraday, prices are seeing some of their biggest swings in months and, in the options market, speculators have been snapping up contracts at a record pace to profit from any spike higher in futures. Read More: Popular Oil Trade Falls Out of Favor as War Risks Haunt Market It all paints a picture of an oil market that has grown more sanguine about disruption in the short-term, but also o
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C
Earnings
- 4/12/24 - Beat
C
Sec Filings
- 5/2/24 - Form 424B2
- 5/2/24 - Form 424B2
- 5/2/24 - Form 424B2
- C's page on the SEC website