Shocking , I know. But, nonetheless, someone with access to pending presidential announcements has been front running these releases with (perfectly) timed and counter intuitive big-azz trades in the oil market. The Wall Street guys who deal in this corner of the market are mad. Someone who was a trade counterparty got severely burned here. It impacts us all because if there is perception of unclean markets, it hurts those who have investments tied up in this machine (which the government is pushing us to do via IRA.s and 401(k) plans, etc. etc. Wonder if anything will ever come of it.....
https://nypost.com/2026/04/29/us-news/oil-trades-including-950-million-short-have-to-be-insiders-traders-claim/
Quote:
Sankey, a former Wall Streeter now president of Sankey Research, recalls trips to Washington 20 years ago, when all the lawmakers "dressed like geography teachers." Now they're flashing Rolexes and $4,000 suits.
https://nypost.com/2026/04/29/us-news/oil-trades-including-950-million-short-have-to-be-insiders-traders-claim/