ADVERTISEMENT SCROLL TO CONTINUE WITH CONTENTOn Tuesday, investors sold a combined 8,600 lots of Brent and U.S. 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. Trading volumes and volatility have exploded since the start of the war. On average, in the three years leading up to the war, some 300,000 lots of Brent crude futures would change hands on a daily basis. That amount has doubled in the last four weeks as daily volumes have hit record highs above 1 million lots, equal to a billion barrels of oil.

Source: The Standard April 08, 2026 15:17 UTC