19 Oct Oil Volatility Sinks to Two-Month Low After Run at $50 Fails

By hellenicshippingnews Expectations for swings in oil prices eased to the lowest in two months after a persisting supply glut checked crude’s advance toward $50 a barrel in New York. The Chicago Board Options Exchange Crude Oil Volatility Index, a gauge of anticipated volatility in U.S. crude prices, fell to 39.58, the lowest since Aug. 18. West Texas … Read full story ›

Source:: Hellenic shipping news Oil