Oil Futures Trading Surges
This is a news story, published by Yahoo Finance, that relates primarily to CME Group news.
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Brent crude futuresReuters
•Oil hedging activity hits record in October as traders eye market risks
77% Informative
Investors ramped up oil futures and options trading in October to record levels in bid to hedge growing uncertainty.
Investors traded 68.44 million barrels of oil in futures, options in October , surpassing the monthly record hit in March 2020 .
CME Group reported a single day volume record for weekly crude oil options on Oct. 18 , with 58,132 contracts traded.
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