Markets

Oil starting the US session in positive territory

Oil prices remain relatively range bound since the third week of October. The spot WTI contract has traded between $84/bbl to $88/bbl for the last 17 trading sessions. Similarly the spot Brent contract has been trading in a range of $105/bbl to about $112/bbl over the same timeframe. Volatility has been relatively low compared to most of 2012 even in an environment with major uncertainty coming from the major economies of the world.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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