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    Crude Oil: Seasonally Should Be Strong But There Are Cracks

    Crude Oil: Seasonally Should Be Strong But There Are Cracks

    FromSchwab Network

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    Crude Oil: Seasonally Should Be Strong But There Are Cracks

    FromSchwab Network

    ratings:
    Length:
    9 minutes
    Released:
    May 2, 2023
    Format:
    Podcast episode

    Description

    The crude oil price wants to push higher seasonally because there should be a demand push right now. U.S. refinery runs are set to ramp up due to the summer driving season and Europe is coming out of refinery maintenance. OPEC April output fell by 190K BPD due to outages in Iraq and Nigeria. Matt Smith weighs in on the bullish and bearish takes for crude oil.
    Released:
    May 2, 2023
    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.