Inside the Trading Desks that Surfed 12 Days of Oil Market Mayhem
BloombergSaturday, June 28, 2025 at 12:00:20 PM
When U.S. jets struck a key Middle Eastern oil producer, traders braced for chaos—and at first, oil prices spiked. But the panic quickly fizzled when it became clear the attack wouldn’t disrupt actual oil supplies. Over the next 12 days, wild swings in the market turned into a high-stakes game for trading desks, where some pros rode the volatility to big wins while others got burned.
Editor’s Note: Oil markets are like a giant mood ring for global tensions—they react fast, but not always logically. This story pulls back the curtain on how traders navigate sudden shocks, and why geopolitical drama doesn’t always translate to higher gas prices. For everyday folks, it’s a reminder that what happens on trading floors can ripple out to pump prices and inflation, even when the headlines feel distant.
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