
Crude oil volatility fell to the lowest level in almost three years. The reasons are stated such as brimming stockpiles and rising OPEC investment in production capacity which expectedly eased concern of shortages. This measure of Volatile in crude oil is oil’s 50-day historic volatility. It has declined to 23 percent presently. This is the lowest mark since July 2007. This measure peaked to 108 percent in the beginning of 2009 when the crude oil...