Changes

*''[[FT]]'': [https://archive.ph/IOQik#selection-1583.0-2009.185 Traders placed $580mn in oil bets ahead of Donald Trump’s social media post on Iran talks].

*''[[FT]]'': [https://archive.ph/IOQik#selection-1583.0-2009.185 Traders placed $580mn in oil bets ahead of Donald Trump’s social media post on Iran talks].

:"Thousands of Brent and WTI contracts changed hands 15 minutes before president’s message on Truth Social. Traders made bets worth half a billion dollars in the oil market about 15 minutes before Donald Trump’s post touting “productive” talks with Iran sent the price of crude tumbling and ignited volatility in other assets. Roughly 6,200 Brent and West Texas Intermediate futures contracts changed hands between 6.49am and 6.50am New York time on Monday, just a quarter of an hour ahead of the US president’s post on Truth Social that there had in recent days been “productive conversations” with Tehran to end the war in Iran. The notional value of those trades was $580mn, according to FT calculations based on Bloomberg data. Trading volumes for Brent and WTI leapt at the same time, 27 seconds before 6.50am. Futures tracking the S&P 500 share index jumped in price moments after the oil trade, with volumes also rising significantly during that timeframe. It was not known whether one entity or several entities were behind Monday’s trades. Trump’s announcement at 7.04am triggered a sharp sell-off across global energy markets and jumps in S&P 500 stock index futures and European equities as investors dialled back bets of a prolonged conflict."

:"Thousands of Brent and WTI contracts changed hands 15 minutes before president’s message on Truth Social. Traders made bets worth half a billion dollars in the oil market about 15 minutes before Donald Trump’s post touting “productive” talks with Iran sent the price of crude tumbling and ignited volatility in other assets. Roughly 6,200 Brent and West Texas Intermediate futures contracts changed hands between 6.49am and 6.50am New York time on Monday, just a quarter of an hour ahead of the US president’s post on Truth Social that there had in recent days been “productive conversations” with Tehran to end the war in Iran. The notional value of those trades was $580mn, according to FT calculations based on Bloomberg data. Trading volumes for Brent and WTI leapt at the same time, 27 seconds before 6.50am. Futures tracking the S&P 500 share index jumped in price moments after the oil trade, with volumes also rising significantly during that timeframe. It was not known whether one entity or several entities were behind Monday’s trades. Trump’s announcement at 7.04am triggered a sharp sell-off across global energy markets and jumps in S&P 500 stock index futures and European equities as investors dialled back bets of a prolonged conflict."

*[[U.S. Postal Service]] imposes 8% fuel charge to offset rising fuel costs. [https://x.com/factpostnews/status/2036871287520247998]

*[[U.S. Postal Service]] imposes 8% fuel charge to offset rising fuel costs. [https://x.com/factpostnews/status/2036871287520247998]