Investors, US crude producers scramble to lock in oil price spike - Reuters
Investors, US crude producers scramble to lock in oil price spike Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"We had a queue of oil producers and also a set of dealers ready to trade at 5 p.m. on Sunday, anticipating a price increase."
— Matt Marshall , Executive
"We had a queue of oil producers and also a set of dealers ready to trade at 5 pm on Sunday, anticipating a price increase."
— Matt Marshall , Executive
Key People
Former president of the United States known for his aggressive economic policies.
Greg Fitzgerald is the CEO and chair of Vistry, a UK homebuilder.
President of Aegis Hedging, handling hedging for a significant portion of U.S. oil output.
Ryosei Akazawa is a trade minister of Japan.
Sanae Takayichi is a Japanese politician and Minister for Internal Affairs and Communications.
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMirwFBVV95cUxPd1ViM2NqRGpndWxlNlNYbUJGWXNRbXktQkhEeW4yeXdnbWxFSmpTQ2RiNmU2QVdWd1NrdHZGeG9EVGhZVlByWHp0VDVxSkRneVZzQlRrRlNTWXRfS0tUTk5MLURPemhYbGFxZUYta05YZlduNW1fdFhRSlVCR2M3UWxDXzRvbExWSVl0aUNueTJURUhPOUFOaVpHaEgwYTA0Zmt1MEJ6Tm1INnFiVjY0?oc=5" target="_blank">Investors, US crude producers scramble to lock in oil price spike</a> <font color="#6f6f6f">Reuters</font>
Investors rushed to lock in a spike in oil prices this week, resulting in a record volume of energy futures and options contracts changing hands on Monday, the first trading day after Israel and the US bombed Iran and Tehran retaliated.
Investors have rushed to lock in the spike in oil prices in the past week, resulting in a record number of energy futures contracts and options contracts being traded on Monday. It was the first trading day since Israel and the U.S. bombed Iran and Tehran responded.
Crude posts biggest jump since June after Strait of Hormuz disruption, prompting hedging surge among oil drillers.
Investors and U.S. crude producers rushed to hedge amid a sharp oil price spike following conflict involving Israel, the U.S., and Iran. A record 12.7 million energy futures and options contracts traded on ICE, with producers using swaps to lock in high prices and manage risk amid threats to Strait.
Investors rushed to lock in a spike in oil prices this week, resulting in a record volume of energy futures and options contracts changing hands on Monday, the first trading day after Israel and the U.S. bombed Iran and Tehran retaliated.
Similar Stories
Related coverage based on topic and tags
Boots has a new owner: Three ways it could affect you
The stalwart of Britain's High Street has been sold to a Canadian billionaire family. What will that mean for you?
October 9, 2026 at 11:01 PMZelenskiy says letting Russia sell diesel to US is 'investment in war' - Reuters
Zelenskiy says letting Russia sell diesel to US is 'investment in war' Reuters
October 9, 2026 at 08:42 PMFour signs it is about to get uglier in the bond market as yields rise - Reuters
Four signs it is about to get uglier in the bond market as yields rise Reuters
October 9, 2026 at 04:18 PMHumana surges after topping 2027 Medicare star ratings - Reuters
Humana surges after topping 2027 Medicare star ratings Reuters
October 9, 2026 at 01:33 PMWall St futures up as oil slips; telecoms pressured by SpaceX spectrum deal - Reuters
Wall St futures up as oil slips; telecoms pressured by SpaceX spectrum deal Reuters
October 9, 2026 at 11:47 AMUS, European telecom stocks slide as SpaceX spectrum deal rattles sector - Reuters
US, European telecom stocks slide as SpaceX spectrum deal rattles sector Reuters
October 9, 2026 at 11:46 AM