Daily Close | Forex, Metals, Oil, Agriculture May 25, 2022



Meanwhile UST, which was supposed to always be worth a dollar, traded as low as 5 cents.If Terra were a company, you might describe this situation as a bankruptcy.


Glencore s conduct was designed to increase Glencore s profits from certain physical and derivatives trading in oil markets around the world, including U.S. physical and derivatives markets. …Glencore s physical trading activities included, among other things, large-quantity trades, sometimes called cargos, of fuel oil. Glencore units agreed to plead guilty to a list of charges that range from bribery and corruption in South America and Africa, to price manipulation in US fuel-oil markets.

United States

If they are securities, and they were sold to US investors, aren t they required to be registered with the US Securities and Exchange Commission?