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U.S. Strategic Reserve Oil May Be Put in Storage by Traders


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U.S. Strategic Reserve Oil May Be Put in Storage by Traders

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kbit's Avatar
 kbit 
Aurora, Il USA
 
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U.S. Strategic Reserve Oil May Be Put in Storage by Traders - Bloomberg

"Representatives of trading companies including JPMorgan Chase & Co., [COLOR=#0033cc]Morgan Stanley (MS)[/COLOR], Hess Trading Company and Koch Supply & Trading LP"
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It should be illegal for banks to do this kind of stuff.. gaming the oil markets and other commodities for that matter

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  #2 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
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Bidders For 30 Million Barrels Of Strategic Petroleum Reserve Disclosed; JP Morgan Requests $158 Million In Crude | zero hedge

Here you go...Am I the only one disturbed by this

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Last Updated on July 6, 2011


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