What will the total range of front month crude oil prices be in 2008, as a % of Dec 31, 2007 closing price?
Submitted by Nate Hagens on Wednesday, 26 December 2007No Comment
* 1)Low volatility: total range less than 10% (implying a range of oil prices under $10)\n* 2)Medium low volatility: total range between 10% and 20% (implying a total range of between $10 and $20)\n* 3)Medium volatility: total range between 20% and 40% (implying a total range between $20 and $40)\n* 4)Medium high volatility: total range between 40% and 60% (implying $ range between $40 and $60)\n* 5)High volatility: total range between 60% and 100% (implying total range between 60-100$)\n* 6)Extremely high volatility (Range over 100% - meaning the high minus low of 2008 prices will be over $100)\n
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