The energy market is facing a surge in volatility. With so much going around oil, fueled by the geopolitical crisis, excessive sensitivity of traders around the substance is evident. However, the wild swings could potentially normalize and even out over time.
Recently, an agreement for a small production cut of 100,000 barrels per day by the OPEC+ members pushed oil prices upward after top producer Saudi Arabia flagged output cuts last month to address oil price declines.
