Oil prices appeared calm this week, but a quiet buying frenzy was underway in the options market. Previously inactive funds suddenly began buying large amounts of crude oil call options. What were they hedging against? And what does this mean for oil

2026-10-28

Oil prices appeared calm this week, but a quiet buying frenzy was underway in the options market. Previously inactive funds suddenly began buying large amounts of crude oil call options. What were they hedging against? And what does this mean for oil prices?