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Crude Oil Rallies Are Demand Driven

Crude Oil Rallies Are Demand Driven

FromSchwab Network


Crude Oil Rallies Are Demand Driven

FromSchwab Network

ratings:
Length:
6 minutes
Released:
Jul 8, 2022
Format:
Podcast episode

Description

The crude oil price fell below $100 this week before rallying back. What is the impact of the Federal Reserve and Jerome Powell on commodity prices? "Are we going to go back to $114 or $120 per barrel? There could be demand for crude oil in China. $96 is a key price level for Crude Oil Futures (/CL)," says Chris Robinson. He also weighs in on Futures grains and livestock commodities.
Released:
Jul 8, 2022
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.