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Peter Brandt said one of his most shocking trading losses came when the 1991 U.S. bombing of Iraq hit his crude oil position. He was long about 30,000 barrels a
BWB News TV • 2026-08-25 01:06 UTC • By Billy Odell Tucker-Robinson
Peter Brandt said one of his most shocking trading losses came when the 1991 U.S. bombing of Iraq hit his crude oil position. He was long about 30,000 barrels as oil broke out, with prices closing at 30.29 on Jan. 16.
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