Stig Östlund

tisdag, februari 17, 2015

Why Oil Prices Are Rising



Oil prices were extremely volatile (x) in 2014, falling nearly 50%. Now they are rising, but this isn't a surprise. Why? Oil prices have a predictable seasonal swing. They usually spike in the spring, as oil futures traders  anticipate high demand for summer vacation driving. Here's how high they'll probably go.


(x) Definition: Volatility is the pace at which prices move higher or lower, and how wildly they swing. These can be prices of just about anything. However, volatility has been most exhaustively studied, measured and described in the stock market stock market.

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