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Crude Oil & Bitcoin Price Headwinds

Crude Oil & Bitcoin Price Headwinds

FromSchwab Network


Crude Oil & Bitcoin Price Headwinds

FromSchwab Network

ratings:
Length:
10 minutes
Released:
Nov 10, 2022
Format:
Podcast episode

Description

The crude oil price hit a low of $84.70 overnight. "Rising Covid cases in China are one of the causes for the drop. Yesterday's inventory report was pretty bearish as well as they keep unloading the SPR or strategic petroleum reserve. IEA warned that crude oil at $100 a barrel could damage the global economy. Also, the bitcoin price hit the lowest level in 2 years overnight," says Bill Baruch.
Released:
Nov 10, 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.