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Smittle

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Smittle

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Thursday, 02/04/2016 3:16:30 PM

Thursday, February 04, 2016 3:16:30 PM

Post# of 6438
A $600 million triple-levered fund bet on falling prices wreaked havoc through the entire crude complex.

----

The Real Reason For Oil's Crazy Volatility This Week

Submitted by Tyler Durden on 02/04/2016 12:57 -0500

As Reuters reports, the sudden liquidation of a $600 million triple-levered fund bet on falling prices wreaked havoc through the entire crude complex.

http://www.zerohedge.com/news/2016-02-04/real-reason-oils-crazy-volatility-week
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