The implied volatility of crude oil options rose s

2022-08-23
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The implied volatility of crude oil options before the OPEC meeting may rise sharply, and the oil market may fluctuate greatly

the implied volatility of crude oil options before the OPEC meeting may fluctuate greatly

November 21, 2014

[China paint information] the organization of Petroleum Exporting Countries (OPEC) meeting will be held in Vienna on November 27, and investors are weighing the possible results of this meeting. OPEC's leading countries resisted production cuts, while other countries, including Venezuela, sought to take action to support oil prices. Morgan Stanley said in a report on Wednesday that the possibility of OPEC cutting production is increasing. Brent crude oil rebounded after falling for three consecutive trading days on Thursday (November 20), reaching an intraday low of 77.62, and then rose, refreshing the intraday high. 1. The experimental machine has a perfect lubrication system and safety protection system, reaching $79.18/barrel; NYMEX crude oil rebounded higher from the intraday low of 74.20, breaking the intraday high to $75.64/barrel

Gene mcgillian, senior analyst at tradition energy, said, "the market is waiting for the OPEC meeting next week, and the organization needs to take action to cut production. Crude oil is still under pressure, but we are close to the bottom."

the implied volatility of Brent crude oil options in the current period rose by 32.23% in the third week, the highest level since July 2012, which means that crude oil futures may have large fluctuations

opec production rose, and the United States is producing crude oil at the fastest rate in three decades, and crude oil fell into a bear market. In October, OPEC produced 30.97 million barrels of crude oil per day, exceeding the target of 30million barrels per day with many closed holes in these materials for the fifth consecutive month

Samir Kamal, OPEC secretary general, said on Wednesday that the organization should cut crude oil production by 500000 barrels a day

Kyle Cooper, head of commodity research at IAF advisors, said, "OPEC needs all members to reach an agreement, which will be a battle. I don't find anyone willing to reduce production, and the market just rebounded before the meeting."

US Secretary of State John Kerry joined the dumbbell shaped negotiations between the six major powers and Iran on Thursday to Cut 2mm rubber test pieces according to the national standard. Iranian oil minister Bijan Namdar Zanganeh said he would not cut a barrel of crude oil. He said, "under no circumstances will Iran reduce its share in the global market, even a barrel." Zanganeh said that he would discuss the crude oil market share with Saudi Arabia on November 26 before the OPEC conference

the US economy is expected to grow strongly, and crude oil is also expected to rise. Data released on Thursday showed that the sales of existing homes in the United States in October were 5.26 million, the highest level since September 2013, an increase of 1.50% from 5.18 million in September. The leading indicator of the US Chamber of Commerce in October increased by 0.9% from September, the largest increase since July

Carl Larry, President of frost Sullivan, an oil and gas company, said, "the economy looks good, but when the economy is good, demand increases. Refineries are well utilized and oil prices are supported." The US Energy Information Administration (EIA) said that the capacity utilization rate of US refineries reached 91.2% last week, the highest level since September 19

at 03:59 Beijing time, NYMEX crude oil was reported at $75.43/barrel, and Brent crude oil was reported at $79.06/barrel

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