OIL PRICES
The Coming Wave: Global Oil Price Volatility
By Justin Dargin*
Increased financial speculation plays a major role in oil’s high price and its volatility. This change in the oil market’s composition may in part be explained by softening US oil futures market regulations. If re-elected, President Barrack Obama may attempt to introduce legislation to toughen market oversight and surveillance, which may help to mitigate market volatility.
The...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!