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...