Rogue trader spurs oil higher, loses $10m --FT
First Published Thursday, 9 July 2009 from Need to Know News
A trader at PVM Oil Associates, the world's largest over-the-counter oil brokerage, was suspected of unauthorized trading said to have cost the company $10m and that created a spike in oil Tuesday, the Financial Times reported. Read here: http://www.ft.com/cms/s/0/e0ae2b2a-66f7-11de-925f-00144feabdc0.html
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