Oil Options Volatility Declines as Futures Head for Weekly Gain

Bloomberg reported that oil options volatility inched down after the underlying futures fluctuated due to the U.S. unemployment report.

As quoted in the market news:

Futures headed for a weekly gain as U.S. unemployment declined to 8.6 percent, the lowest level since March 2009, from 9 percent, the Labor Department said today.

Click here to read the full Bloomberg report.