Volatility in the Light Crude Oil Market: A Week in Review This week, crude oil (WTI) prices experienced substantial volatility, with light crude gapping sharply lower on Monday before clawing back the losses and edging marginally higher as of Friday. A confluence of factors—including demand signals, geopolitical uncertainties, and OPEC+ policy considerations—drove these price movements. Demand Concerns Dominate Monday’s Steep Decline The week began with a steep drop in crude prices as traders reacted to ongoing concerns about demand.…
Oil Prices Volatility Spikes as Demand Concerns Clash With Geopolitics
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