Why the market shrugs off the mother of all oil shocks
- Posted on October 9, 2024
- By Business News Today
- 1 Views
Why the market shrugs off the mother of all oil shocks
Oil prices have spiked due to the escalating conflict in the Middle East. However, the market's response is more muted compared to past crises. Factors like US oil production dominance and better risk management tools are influencing this. Traders rely on real-time data and options markets to mitigate concerns.
