Oil market inferno claims victims of all sizes

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Oil market inferno claims victims of all sizes gfhay

Chinese investors who traded Bank of China's crude oil futures trading product are crying foul over the bank's decision to settle the trades at historic negative prices, claiming the bank should have done more to protect their interests, Reuters reported on April 23.

Following the crash, BoC on April 22 stopped allowing new positions in the product, also known as crude oil"bao", or treasure.

 

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