Wealth Creation Through Natural Resources
A large institutional trader decided today was a good time to put on a large and slightly complex options trade in the XLE (Energy Select Sector ETF ). This options trade which is called a risk reversal involved buying 30,000 … Continued
Record inventories and the prospect of further inventory builds in the US are putting WTI crude prices under heavy pressure this morning. Given the likelihood of additional inventory builds over the coming weeks there is a strong risk of a … Continued