Consider some recent headlines: “World Bank Warns Of Extreme Volatility In Oil Markets”, “International Energy Agency Head: Oil markets are entering an era of unprecedented volatility” and “ Oil prices spike, stocks plummet as uncertainty roils global markets – Washington Post” . All was calm when I predicted in February 2018 at oil-price.net that mid-June 2018″ would see an upsurge in oil price volatility . Four months later, on June 26 2018, a volatility spike in West Texas Intermediate crude oil spot price marked the beginning of the turbulent phase in the oil markets that we are now experiencing. This is the second time at oil-price.net that I have correctly anticipated the timing of turmoil in the oil markets. In an article in late 2013 I accurately predicted the last bout of volatility , which hit in 2014, when oil prices gyrated to lows not seen for nearly fifteen […]