Economy
Add as a preferred source on GoogleThe account had recorded more than $20 million in cumulative profits. It was associated with address 0xbf732ea04197942783e34730ed6e0f6099575d58.
A derivatives account with a cumulative profit tally above $20 million entered a BRENTOIL long on Oct. 16; a snapshot minutes later placed the position’s value at about $9.985 million.
The entry fell within the 12:51–12:59 p.m. ET window (16:51–16:59 UTC), while a valuation was recorded at 1:02 p.m. ET (17:02 UTC). Address 0xbf732ea04197942783e34730ed6e0f6099575d58 was associated with the account.
The Financial Times' IB.1:IEU series recorded a $110.00 high on Oct. 16; NBC News placed Brent's move above $110 after 2:30 p.m. ET.
The ECB expects higher energy prices to keep headline inflation well above its 2% target into the first half of 2027; staff forecast annual GDP growth of 0.9% in 2026.
The advertised-rate sample had a preliminary median of $3.53 per GPU-hour for Oct. 12-18, based on 36 listings from 34 providers.
