Peter Spina: CFTC blocks CME plan for 24/7 crude oil futures trading

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1 hour ago

Peter Spina: CFTC blocks CME plan for 24/7 crude oil futures trading — CFTC blocks CME 24/7 crude oil plan

Peter Spina, CEO at GoldSeek.com, reports that the CFTC will block CME's plan to launch 24/7 crude oil futures trading, which was set to start as soon as today.

Spina also notes there is no news yet on whether the CFTC will similarly block 24/7 trading in certain gold futures contracts.

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Spina recently highlighted rising bearish sentiment in precious metals as gold and silver prices neared capitulation. In a separate report, he accused the Trump administration of extracting billions from the crypto sector and questioned the backing of its supporters, including associates of George Soros, according to previous statements. Spina continues to comment on major regulatory moves across commodities and digital assets.

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