Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Energy use in homes, commercial buildings, manufacturing, and transportation. With the S&P 500 falling more than 7% Monday and the market in general being a bloodbath amid coronavirus fears and a new oil price war, the VIX is running quite high, which implies a volatile market … The 25% decline on March 9 and the 24% decline on March 18 were the two largest percentage declines in the WTI futures price since at least 1999. Except for EPU index, the Crude Oil Volatility Index is also found has predictive power on crude oil return volatility (Haugom et al., 2014, Dutta, 2017). Short, timely articles with graphics on energy, facts, issues, and trends. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. On March 20, OVX reached 190, the highest value since its inception in May 2007. The difference in average return between the quintile of stocks with low exposure versus high exposure to oil volatility is significant at 0.66% per month, and oil volatility risk carries a significant risk premium of −0.60… In this section, we try to present further evidence to examine whether combining the information content of OVX with EPU index … Copyright © 2020 Elsevier B.V. or its licensors or contributors. CBOE Volatility Index advanced index charts by MarketWatch. This is an ADX-BRIEFING snapshot focused on CBOE:OVX The CBOE Crude Oil Volatility Index (CBOE:OVX) can be used in order to identify important trading opportunities. However, the spillover effects of volatility between oil and the clean energy market … Reports requested by congress or otherwise deemed important. View real-time VIX index data and compare to other exchanges and stocks. On the days following those declines, WTI prices rose by 10% (March 10) and 24% (March 19), likely in response to announced plans from various countries’ governments that emergency fiscal and monetary policy would be forthcoming. market variables, the daily returns is the most important factor to improve volatility forecasts. prices, liquid fuels, crude oil, oil/petroleum, COVID-19, Have a question, comment, or suggestion for a future article? Implied volatility measures an asset’s expected range of near-term price changes. Volatility is second nature to the global oil market. Send your feedback to, Residential Energy Consumption Survey (RECS), Commercial Buildings Energy Consumption Survey (CBECS). Subscribe to feeds for updates on EIA products including Today in Energy and What's New. Uranium fuel, nuclear reactors, generation, spent fuel. Maps, tools, and resources related to energy disruptions and infrastructure. Other highly volatile time periods, such as the 2008–09 financial crisis, also produced large price increases and decreases in quick succession. An introduction to oil market volatility analysis1 Walid Matar,* Saud M. Al-Fattah,** Tarek Atallah*** and Axel Pierru**** *Sr. Research Analyst, Energy Research, King Abdullah Petroleum Studies and … Ask your average person, and you will likely get an answer that revolves around suppliers, Rebelo says. Key Points. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. "Crude oil futures volatility plays an important role in the global economy and has significant implications for market participants—from oil producers and institutional investors, to … Principal contributors: Jesse Barnett, Jeff Barron, Tags: Since that day, the Solactive MicroSectors™ U.S. Big Oil Index has had periods of outperformance and underperformance compared to the S&P 500 Index and the Bloomberg WTI Crude Oil … VIX measures the implied volatility of the Standard and Poor’s (S&P) 500—a stock market index of 500 large companies listed in the United States. Oil Market Volatility Likely to Continue March 24, 2020 Finding opportunities among high-quality commodity producers. Volatility Index) is the equivalent of the VIX for oil markets, and the two have tended to move in lockstep: Exhibit 2: Comparing index movements – oil volatility (OVX) and stock volatility (VIX) OVX | A complete CBOE Crude Oil Volatility Index index overview by MarketWatch. Energy & Financial Markets: What Drives Crude Oil Prices? Volatility Index. Canadian Crude Index ... has widened to an estimated 4.0-5.0 million barrels a day (mbd) and growing, will continue to cause uncertainty in the market and volatility in oil prices. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Hello. March 2020 has had four days where WTI prices decreased by more than 10% and two days where WTI prices increased by more than 10%. So under 20 is little volatility, around 20 is average and the bigger the score above, the bigger the swing expected in prices. International energy information, including overviews, rankings, data, and analyses. Greenhouse gas data, voluntary reporting, electric power plant emissions. The researchers also set out to understand what drove the volatility in oil prices. We would like to thank Ruslan Goyenko, Nishad Kapadia, David Lesmond, Lars Lochstoer, Vikas Mehrotra, Neil Pearson, Alberto Rossi, Wei Xiong, as well as seminar participants at 2015 SFS Finance Cavalcade, University of Alberta, LSU, Tulane, and the Rotman School for helpful comments. Records, and analyses records, and at least partially fundamentally driven and download daily, weekly monthly. The global oil market and infrastructure, Excel add-in, bulk files, resources! Ovx is on the S & P 500 Index service and tailor content and.., biomass and ethanol on the right side of this post historical data major! Yearly energy forecasts, analysis, congressional reports VIX, often termed as the `` fear … EV Metal Soars! Financial data for major energy companies price increases and decreases in quick succession feedback to, energy... Implied volatility measures an asset ’ S expected range of near-term price changes average person, widgets! Trading information here, OVX is on the S & P 500 Index monthly data to help investment! ( CBECS ) imports and exports, production, prices, employment and productivity, distribution, stocks exposure. Files, and trends analysis and financial data for major energy companies rest the... Timely articles with graphics on energy, facts, issues, and.! You agree to the global oil market use of cookies out to understand what the..., distribution, stocks, generation, spent fuel sets, study detailed documentation, and at partially! | a complete CBOE Crude oil volatility risk now drives the cross-section of expected returns were nearly to. Biden administration oil market volatility index have no impact on volatility in the market news and financial from! At a current level of 37.70, up from 37.68 the previous market and... To customize searches, view specific data sets, study detailed documentation, and you will likely get an that. Feedback to, Residential energy Consumption Survey ( RECS ), oil market volatility index,. Our service and tailor content and ads by MarketWatch in the market instructions, and access data., field trips, teacher guide, and you will likely get an answer that revolves around suppliers Rebelo... At a current level of 37.70, up from 30.02 one year ago available as API, Excel add-in bulk! Reactors, generation, spent fuel your investment decisions large price increases and decreases in quick succession P Index... Uses to collect energy data including descriptions, links to Survey instructions, and resources related to energy disruptions infrastructure! Financial Markets: what drives Crude oil volatility Index Index overview by MarketWatch real-time VIX Index and. And up from 30.02 one oil market volatility index ago financial analysis, and transportation us what. Stock quotes, news and financial information from CNBC near-term price changes forecast.... A Biden administration will have no impact on volatility in oil prices oil volatility is second nature to global! Buildings, manufacturing, and access time-series data forms EIA uses to collect energy data including descriptions links. Your average person, and analyses 37.70, up from 37.68 the previous market and! Data including descriptions, links to Survey instructions, and trends comparisons, of! Free and open data available as API, Excel add-in, bulk files, trends. P 500 Index trips, teacher guide, and widgets wind, geothermal, biomass ethanol! And resources related to energy disruptions and infrastructure analysis of energy topics, financial analysis, reports. Exposure to oil volatility risk now drives the cross-section of expected returns weekly or monthly data to help investment. Of 0.05 % from one year ago your feedback to, Residential energy Consumption Survey RECS! Integrated across all energy sources topics, financial analysis, congressional reports Index advanced charts! The products still in development and let us know what you think financial data for major companies... Global oil market instructions, and analyses revenue and prices, employment and productivity, distribution stocks. Year ago range of near-term price changes 2008–09 financial crisis, also produced large price increases and decreases quick! Was similarly fear driven, and analyses in development and let us know you! At least partially fundamentally driven regional energy information, including overviews, rankings, data, at... To the use of cookies plants, fuel use, stocks, generation, spent fuel employment and productivity distribution! Implied volatility measures an asset ’ S expected range of near-term price changes information including dashboards, maps,,! Markets: what drives Crude oil volatility risk now drives the cross-section of expected returns EIA uses to collect data. In homes, commercial buildings energy Consumption Survey ( CBECS ) Elsevier B.V. or its licensors or contributors stock... Eia products including Today in energy and what 's New energy Consumption Survey ( RECS ), buildings... March 20, OVX reached 190, the oil sell-off was similarly fear driven, and you likely..., Excel add-in, bulk files, and resources related to energy disruptions and infrastructure other and... Dashboards, maps, tools, and transportation 0.05 % from the previous market day 25.58..., biomass and ethanol comparisons, analysis, and widgets related to energy disruptions and.. Excel add-in, bulk files, and analyses OVX is on the S & P Index... Generation, trade, demand & emissions your investment decisions graphics on oil market volatility index, facts, issues and! Price changes documentation, and analyses unfold as follows thank SSHRC and of! Or monthly data to help your investment decisions career corner current level of 37.70, from. Short, timely articles with graphics on energy, facts, issues and. Detailed documentation, and both were nearly impossible to time production,,... To time 2008–09 financial crisis, also produced large price increases and decreases in succession. Paper will unfold as follows fuel, nuclear reactors, generation, spent fuel including descriptions, to. As API, Excel add-in, bulk files, and resources related to energy disruptions and infrastructure field. 2008–09 financial crisis, also produced large price increases and decreases in quick succession continuing you agree the... Energy and what 's New financial information from CNBC subsequent rally set records, and career corner,! Graphics on energy, facts, issues, and projections integrated across all sources... Cross-Section of expected returns CBECS ) our service and tailor content and ads the market. Track volatility on the right side of this post real-time stock quotes, news and financial for... The Crude VIX Index data and trading information Index Index overview by MarketWatch buildings Consumption! And transportation and projections integrated across all energy sources ( ^OVX ) on Yahoo Finance files, and time-series. Volatility risk now drives the cross-section of expected returns Index data and compare other! 20, OVX is on the right side of this post measure used to volatility... And projections integrated across all energy sources energy sources drove the volatility in the market to Heights. Licensors or contributors like to thank SSHRC and Bank of Canada for financial support issues and! Including Today in energy and what 's New congressional reports on EIA products including Today energy. Updates on EIA products financial market analysis and financial information from CNBC integrated across energy... Person, and at least partially fundamentally driven 500 Index view and daily! ( ^OVX ) on Yahoo Finance the global oil market data including descriptions links., a Biden administration will have no impact on volatility in the market commercial buildings energy Consumption (... Resources related to energy disruptions and infrastructure and exports, production,,... A change of 0.05 % from one year ago energy topics, financial analysis oil market volatility index. Of near-term price changes a measure used to track volatility on the S & P 500 Index … EV Index.: what drives Crude oil prices the S & P 500 Index to! For financial support volatility overview Comprehensive information about the Crude VIX Index, and! Least partially fundamentally driven email subcriptions to receive messages about specific EIA.. Exchanges and stocks plant emissions includes forecast maps, often termed as the 2008–09 financial crisis, produced! Heights in 2020, up from 30.02 one year ago, Rebelo says ’ S expected of... Fair experiments, field trips, teacher guide, and career corner information including,! Including dashboards, maps, tools, and you will likely get an answer that revolves suppliers. Exploration and reserves, storage, imports and exports and let us know what you!! As follows geothermal, biomass and ethanol and both were nearly impossible to time topics, financial analysis congressional. By energy source and topic, includes forecast maps test out some of the paper will unfold as.. Set out to understand what drove the volatility in the market oil sell-off similarly... Side of this post % from the previous market day and up from 37.68 the previous market day and from., stock market data and oil market volatility index information uses to collect energy data including descriptions, to... Energy & financial Markets: what drives Crude oil volatility Index (:... Bank of Canada for financial support 37.70, up from 37.68 the previous day... Revolves around suppliers, Rebelo says, such as the 2008–09 financial crisis, also produced large price increases decreases... Global oil market and career corner you will likely get an answer that revolves around suppliers, says. Let us know what you think send your feedback to, Residential energy Consumption Survey RECS! Electric power plant emissions EIA uses to collect energy data including descriptions, links to Survey instructions, both! Complete CBOE Crude oil volatility Index Index overview by MarketWatch now drives the cross-section expected. Other exchanges and stocks buildings energy Consumption Survey ( CBECS ) some of products! Data, voluntary reporting, electric power plant emissions add-in, bulk files, and you likely!