U.S. production growth, the main factor counterbalancing the supply disruptions on the global oil market, has contributed to a decrease in crude
oil price volatility since 2011.
Not exact matches
Of course, day - to - day there has been
volatility as usual, but
oil prices have been stable (relatively speaking)
since the end of April.
Oil - related revenue has dwindled
since 2015 as a period of low
prices reduced interest from producers and consumers in financial instruments that offer protection against
price volatility, said Amrit Shahani, research director at Coalition.
Overall, energy stocks may not fully capture
oil price moves
since companies hedge against some of the
volatility, and also make other decisions for shareholder value that may not have direct influence from the
oil price.
Michael Levi, Council on Foreign Relations: «
Since oil is traded on a global market, the effects of
volatility are reflected in the
price of every barrel of
oil regardless of its origin.
Bloomberg reports that Kurt Chapman, head of
oil trading at Mercuria Energy Group Ltd, positioned colleagues around the world, profited from the
oil price volatility, took advantage of storage opportunities, and had his best year
since 2009.