ticapnews
Never graduate.
Doing a little quick math, it looks like the investment was made in WTI, not Brent (unless they got a killer discount). The chart for WTI is almost identical, just 4-5% lower on price.
They bought in at $91.66 which means that investment has already yielded $12 million. If Goldman Sachs estimates are correct, in the next week they're looking at another $60 million or so.
I'm old enough to remember Hillary getting raked over the coals because she turned a $20,000 investment in cattle futures into $100,000...
They bought in at $91.66 which means that investment has already yielded $12 million. If Goldman Sachs estimates are correct, in the next week they're looking at another $60 million or so.
I'm old enough to remember Hillary getting raked over the coals because she turned a $20,000 investment in cattle futures into $100,000...