Crude oil prices on Monday spiked more than $25 a barrel – a record one-day dollar increase – in trading ahead of the expiry of the benchmark futures contract and amid concerns that the US dollar would weaken.
The jump in oil prices to an intraday high of $130 a barrel was exacerbated by a squeeze on short positions ahead of the expiry at the close of the Nymex October futures. This forced some financial investors to cover their short positions to avoid taking delivery of physical barrels of oil.
It also led an across-the-board rise in commodities prices, with gold prices soaring above $900 an ounce.
您已閱讀57%（605字），剩余43%（453字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。