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Commentary: Getting to grips with price volatility

With half the summer gone, the oil price debate rages on.

Large international gatherings, such as the 11th International Energy Forum (IEF) in Rome, the 19th World Petroleum Congress in Madrid and, in between, the special meeting in Jeddah, called at short notice by Saudi Arabia, have dissected all the issues at hand. Yet, all the while, the price volatility persists, with the market ‘bulls’ continuing to dominate proceedings, basking in the limelight of a market rife with speculation. [Download]