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    Crude Oil Price Needs To Be $65 Before It Gets To $105

    Crude Oil Price Needs To Be $65 Before It Gets To $105

    FromSchwab Network

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    Crude Oil Price Needs To Be $65 Before It Gets To $105

    FromSchwab Network

    ratings:
    Length:
    8 minutes
    Released:
    Nov 2, 2022
    Format:
    Podcast episode

    Description

    "It is unlikely that the crude oil price is not being watched by the Federal Reserve as it has an effect on goods inflation. Now we have a transport issue with diesel inventories at all time lows. My base case for crude oil is that we need to get to $65 before we get to $105. I am long crude oil now with a price target of $96. Energy demand is still weak and Russia is already 2M below their OPEC+ quota," says Bob Iaccino.
    Released:
    Nov 2, 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.