Upgrade Now

Friday newspaper round-up: Rogue trader blamed for oil spike

Date: Friday 03 Jul 2009

The startling spike in oil prices to their highest level this year on Tuesday was caused by a rogue broker who placed a massive bet in the Brent oil market, triggering almost $10m (€7m) of losses for his company.

PVM Oil Associates, the world’s largest over-the-counter oil brokerage,...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


MAB - Mitchells & Butlers

Mitchells & Butlers Chart
Name Value Chg
British Sky Broadcasting Group 692.00p -7.50p
Mitchells & Butlers 268.00p -0.100p
Name Value Chg
Media 4,205.33 -39.19
Travel & Leisure 4,501.26 -31.72
Name Value Chg
FTSE 100 5,875.93 -14.33
FTSE 250 11,161.88 -31.82
FTSE 350 3,103.90 -7.73
FTSE All-Share 3,034.15 -7.42
FTSEurofirst 300 1,070.84 -1.95

Top of Page