The peaks and valleys in the oil market have been astounding over the past year. Where will it head next? Oil options skews might offer some indications.
Erik Norland is Executive Director and Senior Economist of CME Group. He is responsible for generating economic analysis on global financial markets by identifying emerging trends, evaluating economic factors and forecasting their impact on CME Group and the company’s business strategy, and upon those who trade in its various markets. He is also one of CME Group’s spokespeople on global economic, financial and geopolitical conditions.
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The oil market is heating up amid the rising tension in the Persian Gulf shipping lane. Trade your global crude and refined portfolio on NYMEX nearly 24 hours a day. Access the deepest liquidity and the widest range of global energy futures and options.