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A Team of Traders at Goldman Sachs Made $100 Million Betting on Natural Gas, and it Fueled a Huge Comeback for the Wall Street Bank

Business Insider
  • Goldman Sachs racked up $100 million in the first half trading natural gas, thanks to trades made by Shane Lee, a Calgary-based trader, and his team, according to people with knowledge of the matter.
  • Natural gas prices set records in early January when below-average temperatures accompanied by a snow storm dubbed the Bomb Cyclone led to soaring demand for the commodity, according to Natural Gas Intelligence...
Mentions: Goldman Sachs JPMorgan risk