oil traders

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    News

    Do Not Ignore Hashtags When Panic-Trading Based On Twitter

    Oil traders razor-focused on signs of escalating violence in the Middle East were jolted on Thursday by a Twitter posting from the Israeli military that, at first glance, suggested they had just bombed Syrian airports. Oil prices jumped $1 as the talk raced through oil markets, which frequently react quickly to rumors of geopolitical events […]

    / Oct 11, 2013 at 2:32 PM
  • News

    The Asylum: Nymex Directors Get A Crash Course In Dubai’s Hooker Rules

    The following excerpt is from The Asylum: The Renegades Who Hijacked The World’s Oil Market, a new book by reporter Leah McGrath Goodman. The board’s first trip to Dubai did not go smoothy. After meetings with city officials and the DDIA executives, the Nymex directors were looking forward to a night out on the town. […]

    / Mar 9, 2011 at 3:45 PM
  • News

    Oil Trader Was Totally Just Messing When He Suggested Having A Judge Killed

    That was a joke people took out of context. But he was serious about bribing the guy.

    / Dec 16, 2010 at 4:38 PM
  • News

    FSA Sets Dangerous Precedent In Drunk Trader Case

    I’m not promoting alcoholism, but like so many things in life, there are some activities many of you are better at while under the influence. Sadly, in London, one guy had to ruin it for the whole group. Steve Perkins, the oil trader who bought 7.13 million barrels of crude oil on behalf of his […]

    / Jun 29, 2010 at 12:37 PM

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