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Oil Prices Swing Wildly Within Two Hours, Nearing $90 per Barrel

Crude oil experienced extreme price volatility, dropping $10 then rebounding $11 in just two hours according to market observers.

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Terms & Concepts
  • Volatility: A measure of how much the price of a financial asset fluctuates over a certain period of time.
  • Crude Oil Market: The global marketplace where producers, traders, and investors buy and sell crude oil.