Wall Street’s Largest Oil Trade (2017)

Re:Wall Street’s Largest Oil Trade (2017) by raincom on Saturday April 11, 2020 @11:37PM (#22845881)

The context is important. Right now, Mexico doesn't want to join OPEC+ production cuts because of their hedges (long puts).

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Re:Wall Street’s Largest Oil Trade (2017) by armanini_io on Sunday April 12, 2020 @05:52AM (#22847072)

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Re:Wall Street’s Largest Oil Trade (2017) by londons_explore on Sunday April 12, 2020 @08:22AM (#22847756)

But presumably whoever is on the other side of those hedges does want production cuts, and might be prepared to pay mexico to do so?

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