OVX - Crude Oil Volatility
The current volatility is above historical volatility, traders anticipate higher volatility for
Price in the Short to Intermediate-Term.
Crude Oil WTI Jan '22 (CLF22)
66.26s -0.24 (-0.36%)
Crude Oil WTI Feb '22 (CLG22)
66.10s -0.17 (-0.26%)
Crude Oil WTI Mar '22 (CLH22)
65.93s -0.10 (-0.15%)
Crude Oil WTI Jun '22 (CLM22)
65.26s +0.02 (+0.03%)
Crude Oil WTI Dec '22 (CLZ22)
63.69s +0.26 (+0.41%)
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Currently, the Term Structure for Crude Oil is in very slight Backwardation.
The Teem Structure is flattening somewhat - this will change in time, for now
it is in the Confidence Cycle interest to keep things tightly aligned, both Up and Down.
CL remains a hostage to further News Cycle surrounding OPEC's attempt to
support Price to the best of their abilities within reason.
They do not want to spook the Market but instead will attempt stability in the very short term.
Price in the Short to Intermediate-Term.
Crude Oil WTI Jan '22 (CLF22)
66.26s -0.24 (-0.36%)
Crude Oil WTI Feb '22 (CLG22)
66.10s -0.17 (-0.26%)
Crude Oil WTI Mar '22 (CLH22)
65.93s -0.10 (-0.15%)
Crude Oil WTI Jun '22 (CLM22)
65.26s +0.02 (+0.03%)
Crude Oil WTI Dec '22 (CLZ22)
63.69s +0.26 (+0.41%)
_______________________________________________________________________________
Currently, the Term Structure for Crude Oil is in very slight Backwardation.
The Teem Structure is flattening somewhat - this will change in time, for now
it is in the Confidence Cycle interest to keep things tightly aligned, both Up and Down.
CL remains a hostage to further News Cycle surrounding OPEC's attempt to
support Price to the best of their abilities within reason.
They do not want to spook the Market but instead will attempt stability in the very short term.
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