Deals
Icahn Bought Cheap Oil in Monday’s Plummet to Historic Lows
- Billionaire investor used opportunity to supply refiner CVR
- Glut caused by pandemic caused futures to trade negative
This article is for subscribers only.
When on Monday it seemed the whole world was selling oil, a familiar name was buying: Carl Icahn.
“We made some money on it,” Icahn said in an interview Friday with Bloomberg Television. “We did get a fair amount.”