Delta one structures have dominated the demand for structured products based on oil, with few of the bullish structures that bet on the commodity price rising strongly over the short term. “The trading range for oil has been very wide in recent months, so clients are incorporating a much firmer view on absolute entry level into their structured products investments,” said Edmund Carroll ( pictured ), managing director, global head of commodities at UBS. “When oil was at $100 and the volatility w