Crude Oil Trading

bought at 3334.

But what was the 'news' for this Fat Finger?

Thursday follows Wednesday lead SELL mode this usually happens not everytime bt most of the time

http://www.marketpulse.com/20170525/will-opec-deliver-crude-missile/

The meeting dissolves in acrimony with no extension. Unlikely to happen of course but this is OPEC. A worst case scenario which would not likely be positive for oil at all!
A six-month extension to the present deal. The baseline case and with oil having rallied so far so soon on it, this could bring profit taking to the market ahead of the weekend. Going forward as U.S. shale increases, it may not be enough to drain the glut, and both contracts have some serious resistance not too far above present levels.
A nine-month extension seems to be getting increasingly priced into crude. It may be bullish initially but could generate the same scenario as number 2 above.
An extension through to the end of 2018. Would most likely be construed as positive for oil and signals OPEC/Non-OPEC’s determination and dedication to removing supply imbalances.
An extension and an increase in the production cut. Very tough to achieve given the disparate group but would certainly give the most bang for its buck. Could likely be very bullish for oil prices as long as everyone complies, but that is another story.
Crude, of course, has continued its march higher from overnight, ahead of today’s OPEC meeting.


http://www.cnbc.com/2017/05/25/traders-bid-up-oil-ahead-of-anticipated-opec-production-cut-extension.html