Oil prices face further upward pressure as they near $80 a barrel because of heavy trading in options contracts ahead of the year end, brokers and analysts said.
A large number of call options – contracts giving holders the right to buy crude oil at a predetermined price – have been struck above $80.
If spot oil prices rose above that level, the sellers of the call options will be forced to buy futures to cover their positions, further lifting oil prices.
您已閱讀33%(457字),剩餘67%(927字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。