IXC - IXC: A Good Reminder That Energy Is Volatile

• IXC had a busy week, rising and falling at an above-average pace each trading day, compared to the broader market.
• This action was a good reminder that Energy is volatile, now, and over time. In fact, oil prices are one of the most volatile commodities in the market.
• Production is rising from OPEC+, and there are signals both China and Iran could release more crude on to the market.
• Yet, there are reasons for optimism as well. Global demand continues to rise, and current inventories are low, suggesting the market can absorb this added supply.

For further details see: