With the exception of Russia’s invasion of Ukraine, big swings in oil have been driven by broader geoeconomic trends

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price, yet we also know from the last few years that that same oil price has appeared somewhat impervious — oblivious?

I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity to sell options for