Oil Volatility Doubles, Price Hits $105 a Barrel

Oil futures are bubbling upward thanks to the unrest in the Middle East, sending crude’s 20-day volatility rating skyrocketing to 29.4—more than double the all-time-low of 12.6 it set at the end of December, Bloomberg reports. In London, Brent crude sold for more than $105 a barrel…

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Oil Volatility Doubles, Price Hits $105 a Barrel

Posted by on February 21, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry