Posted AT 12:53 PM EST on 21/08/08
One trader held 11% of Nymex oil contracts: report
NEW YORK — A single energy conglomerate held 11 per cent of all oil contracts on the New York Mercantile Exchange at one point last month, according to a published report Thursday, suggesting that speculators may have played a larger part in volatile oil markets than once thought.
The full text of this article has 626 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
