It seems some oil trading firms and hedge funds were caught on the wrong side of heavily leveraged bets, and couldn’t roll over their contracts due to a liquidity crunch and horrible market conditions in that space. But if they can’t sell the contracts by tomorrow, they’ll have to take delivery of the physical oil at the delivery point for NYMEX futures, namely in Cushing, Oklahoma.
- Forums
- ASX - By Stock
- Woodside will wobble on WTI collapse
It seems some oil trading firms and hedge funds were caught on...
-
- There are more pages in this discussion • 107 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WDS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$26.64 |
Change
0.580(2.23%) |
Mkt cap ! $50.58B |
Open | High | Low | Value | Volume |
$26.31 | $26.84 | $26.26 | $208.8M | 7.845M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 49672 | $26.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$26.65 | 1225 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 40386 | 26.620 |
2 | 8511 | 26.610 |
4 | 6019 | 26.600 |
3 | 21283 | 26.590 |
2 | 6317 | 26.580 |
Price($) | Vol. | No. |
---|---|---|
26.650 | 1225 | 1 |
26.670 | 28606 | 1 |
26.690 | 6350 | 1 |
26.700 | 500 | 1 |
26.770 | 1400 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
WDS (ASX) Chart |