I highlighted NYMEX crude oil’s 16.4% Q3 decline and that the energy commodity fell 4.86% over the first nine months of this year in my third-quarter energy report on Barchart. I concluded the article with the following:
The bottom line is that bullish and bearish factors are pulling crude oil and traditional energy products in opposite directions in Q4 2024. Expect elevated of volatility in the energy sector over the coming weeks and months. In mid-October, crude oil’s path of least resistance remains a coin toss.
