Oil traders work at the headquarters of US Energy Markets in Houston, Texas. On Tuesday, investors sold a combined 8,600 lots of Brent and US crude futures at 1945 GMT, according to LSEG data. Taking large ⁠positions on oil prices rising or falling is not unusual as traders use them to hedge large volumes of physical oil trade. The Intercontinental Exchange and the Commodity Futures Trading Commission, which oversees US commodity derivatives markets, ⁠did not immediately respond to a Reuters request for comment. Trading volumes and volatility have ​exploded since the start of the war.

Source: Bangkok Post April 09, 2026 08:08 UTC