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Benzinga
Benzinga
Business
Joel Elconin

It's Slick In The Oil Patch: What Are Crude Oil Futures Saying About The Prices Ahead?

Investors know how volatile the commodities markets can be. When it comes to crude oil futures, it is a whole new ballgame with intraday as well as overnight volatility.

For example, based on Monday’s range ($86.82-$92.10), the price fluctuation on one contract is $5,280. That does not include all the intraday fluctuations that can result in $1,000-$2,000 moves in minutes.

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