NYMEX crude volatility rises as doubt cast on OPEC deal

摘要

New York-Oil futures moved lower, while implied volatility rose, after news reports Friday that Saudi Arabia does not expect a supply agreement to emerge from this week’s meeting of major producers in Algiers. NYMEX November crude settled down $1.84 at $44.48/b. ICE November Brent settled down $1.76 at $45.89/b.