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Commodities Briefing - Categorized | Oil, Price Watch more

Time to bet on bigger oil price swings

Posted on 02 July 2013

Oil prices have mostly resisted the commodity sector sell-off sparked by China economy concerns and chatter over reduced Federal Reserve asset purchases. WTI crude has been stuck between $90 and $98 a barrel for most of the past six months.
But Barclays reckons the oil market has become too complacent and greater volatility may be on the way. “We think now is an appropriate time to buy medium-term (three- to six-month) options on WTI futures, for a few reasons,” say analysts at the bank………………………………..Full Article: Source


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