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THE OIL BOYS OF ESSEX.
- Source :
- Bloomberg Businessweek; 12/14/2020, Issue 4681, p52-57, 6p, 2 Cartoon or Caricatures
- Publication Year :
- 2020
-
Abstract
- The article focuses on Paul Commins, also know as "Cuddles," an oil stock trader in Essex, England, who started buying and selling oil within London's International Petroleum Exchange (IPE) in the 1980s and who made millions during the April 20, 2020, oil stock crash. The incident, causing crude oil prices to go negative, and the role of West Texas Intermediate (WTI) futures is explained.
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 4681
- Database :
- Complementary Index
- Journal :
- Bloomberg Businessweek
- Publication Type :
- Periodical
- Accession number :
- 147512893