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Oil futures drunk-trading incident

Oil futures drunk-trading incident

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In the early morning of 30 June 2009, Steven Perkins, an employee of London-based PVM Oil Futures, traded 7 million barrels (1.1 million cubic metres) of oil – worth approximately US$520 million (£340 million) – while drunk. These unauthorised trades caused the price of Brent…

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Oil futures drunk-trading incident

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▲ 120💬 50

In the early morning of 30 June 2009, Steven Perkins, an employee of London-based PVM Oil Futures, traded 7 million barrels (1.1 million cubic metres) of oil – worth approximately US$520 million (£340 million) – while drunk. These unauthorised trades caused the price of Brent…

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