15 min listen
Bullish On Crude Oil Amid Sellers' Exhaustion
FromSchwab Network
ratings:
Length:
7 minutes
Released:
Jun 2, 2022
Format:
Podcast episode
Description
Is the stock market still bullish on crude oil? OPEC+ is continuing to add barrels. However, they are not worried about the demand landscape. How is the EIA Petroleum Status Report affecting the crude oil price? "Stocks got beaten down after earnings season and sellers became exhausted. Negativity became extreme from a supply and demand perspective. It's important to monetize a trading move," Bill Baruch says.
Released:
Jun 2, 2022
Format:
Podcast episode
Titles in the series (100)
Kevin O'Leary's Outlook for Tech, Airlines, and the Overall Market by Schwab Network