
Here’s How To Play An Increasingly Volatile Oil Market
If you needed a reminder that oil prices can be volatile and are hyper-sensitive to every single data point and/or headline that crosses the wires, you got all the proof you needed last week. And then you got some more evidence on Tuesday when, as we wrote earlier, oil whipsawed as API data clashed with Saudi headline hockey.
Needless to say, all the drama has had observable knock-on effects for anything commodity-related as HY credit, metals & mining, copper, and energy stocks all sold off