2024-12-16 17:57
IndustriOil Volatility Rebounds After Hitting July Lows
Oil volatility, as measured by the CBOE Crude Oil Volatility Index ($OVX), is rebounding after reaching its lowest level since July last Monday. This uptick signals renewed uncertainty in the oil market, with traders adjusting to shifting supply-demand dynamics and broader market conditions.
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Oil Volatility Rebounds After Hitting July Lows
Hong Kong | 2024-12-16 17:57
Oil volatility, as measured by the CBOE Crude Oil Volatility Index ($OVX), is rebounding after reaching its lowest level since July last Monday. This uptick signals renewed uncertainty in the oil market, with traders adjusting to shifting supply-demand dynamics and broader market conditions.
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