Why is the oil price down today? - Mar 15

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Why is the oil price down today? - Mar 15

Post by dan_s »

Subject: (BFW) Nymex WTI April Options: 245 Million Barrels Expiring Thursday

Bloomberg -- Nymex April WTI crude options expire
tomorrow. The most-held nearby contracts are $70 puts, 15 cents
above the April futures price of $69.85/bbl.

The Paper Traders MUST close all of the open contracts.
Dan Steffens
Energy Prospectus Group
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