CFTC Staff Told to Retract Analysis of Suspicious Oil Trades

By Bloomberg Television

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CFTC analysts flagged unusually well-timed trading ahead of a March 23 Truth Social post in which President Donald Trump postponed planned U.S. strikes on Iranian energy facilities. Billions of dollars in contracts changed hands in the 15 minutes before the announcement. According to sources, analysts identified traders and referred their findings to the CFTC’s enforcement division, but a senior official intervened and asked them to retract the referral. Charles Gorrivan reports on "Bloomberg Open Interest." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instag

Tags: CFTC, Charles Gorrivan, Commodities, Crude Oil, Markets, Oil, Regulations, Rules, Vonnie Quinn, insider trading, oil market, oil trades, oversight

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