The Oil Drum | A Look at the EIA Revision Pattern

83 comments on A Look at the EIA Revision Pattern

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radlafari on October 5, 2006 - 12:03pm

A (maybe stupid) question that perhaps someone can answer ..
We are more and more seeing oil price leaps of more than a Dollar within a day - is this "normal" in the oil market?
Has the margin been this way in the recent years (or could it be a writing on the wall of oncoming volatility?)

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unasimple on October 5, 2006 - 1:52pm

Let me make the elementary observation that a 1.7% price swing from 60$ is 1$ whereas a 1.7% price swing from 20$ is $0.34

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BrianT on October 5, 2006 - 2:36pm

Una: Glad you said it. The recent "volatility" of oil prices has been hyped to death. NG jumped 15% over 5 trading days with barely a mention in the MSM.

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83 comments on A Look at the EIA Revision Pattern

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