When Oil Volatility Spikes, Litigation Follows

Volatility in the markets tends to lead to disputes and litigation. Crude oil just experienced one of the most violent price swings in history. The CBOE Oil Volatility Index hit near its second highest level since 2010, surpassed only by COVID. The implications span oil, gas and fertilizer markets and all the customers of those markets.

In our experience advising clients through multiple volatility disputes in the equity, fixed income, sugar, copper and energy markets, extreme price dislocations like this don’t just move markets. They move disputes and litigation typically 6 to 18 months later.

In the piece linked below, we outline the current situation, the likely avenues for disputes and steps clients can take now to prepare themselves.