YGRN - Oil Options Suggest A Jumpy Market

By Owain Johnson and Jeff White

On first glance, oil prices appear to have stabilized since the attack on the Saudi oil facilities at Abqaiq in mid-September, which led to a major surge in prices. But the crude oil options market is telling a different story: the energy industry remains extremely nervous.

Activity in options based on WTI crude oil futures - the world's most actively traded energy market - shows that traders are anxious to protect themselves against increased volatility and against the potential of further sharp price rises.

This underlying tension in the

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