CFTC ‘Watching’ Oil Futures Trading Spikes, Agency Official Says

The Commodity Futures Trading Commission is monitoring trading in the oil futures market for unusual activity, its enforcement chief said Tuesday.

“I can’t comment on what we’re investigating or not investigating,” CFTC Enforcement Director David Miller said on the sidelines of an event in New York when asked about the trading. “All I’ll just say is we’re watching.”

Miller declined to comment further.

Read more: Futures Markets Saw Trading Spike Before Trump’s Iran Post

Trading in oil futures spiked in the minutes before a March 23 social media post from President Donald Trump about postponing strikes on Iran, Bloomberg reported ...