Bonanza for Oil Exchanges as OPEC Wrong-Foots Traders: Chart

Here are more winners from Wednesday’s surprise decision in Algiers by OPEC to curb oil supplies: the world’s energy exchanges. Traders and investors bought and sold the equivalent of 3.53 billion barrels of oil on futures bourses, or a month of global demand. That far exceeded the previous all-time high of 3.218 billion, set in January.

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