Sarah McFarlane, Wall Street Journal, has a nice piece on oil volatility here…
βThe volatility of Brent crude, the international benchmark, has fallen to around 22%, measured by the standard deviation of daily price moves over the past year. Since 1995, the average has been 32%. A lower figure indicates less volatility.β
I show the long term implied volatility to be around 33% for WTI…
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