Oil prices have recovered from losses earlier in the week but this might not be a rebound and could simply be markets taking a breather, analysts have warned. They said crude prices could turn negative again.
As the price of US oil plummeted below zero after another black Monday sell-off, the shockwaves have sparked significant firecrackers around delta one and leverage/inverse trackers across markets. In South Korea, the country’s stock and securities exchange KRX suspended trading on exchange-traded notes (ETN) linked to WTI Futures offered by Shinhan and Mirae Asset as they reached an excessive disparate ratio of over 30%. Korea’s exchange has implemented rate stabilisation measures, while advi
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