62 Million Barrels of Worthless Oil Options Become Gold Mine
Oil barrels sit stacked inside the polyethylene plant of the Ecopetrol SA refinery in Barrancabermeja, Santander, Colombia. (Photographer: Nicolo Filippo Rosso/Bloomberg)

62 Million Barrels of Worthless Oil Options Become Gold Mine

(Bloomberg) -- Some 62 million barrels of October call options on West Texas Intermediate crude -- that were set to expire worthless on Tuesday -- were suddenly in the money after prices spiked on ...
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