Brent crude oil volatility: October outlook

Analyst Vito Turitto explores why the Dated Brent market was in backwardation in September and why Dated Brent's volatility is expected to increase in the coming weeks. Strong Asian demand and abnormally high refining margins encouraged the market structure in September, and crude prices spiked on geopolitical events. But looking forward, both the International Energy Agency and OPEC foresee more demand for crude, and market imbalances will continue to have an impact on prices and volatility.
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