Crude Oil Action – Volatility Picks Up As The Price Goes Nowhere Fast (News 02/11/15)

Posted On 02 Nov 2015

Last week started out ugly in the crude oil market. After trading to highs of $51.42 per barrel on the active month December NYMEX futures contract, the price moved lower in almost a straight line. Last Tuesday, the price moved to lows of $42.58, and it looked like it was on a path for contract lows at $39.22 and even the continuous contract low of $37.75 established on 24th August.

Source:: Crude Oil Action – Volatility Picks Up As The Price Goes Nowhere Fast (News 02/11/15)

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