6 min listen
Crude Oil & Easing Inflationary Pressures
FromSchwab Network
ratings:
Length:
10 minutes
Released:
Jul 13, 2023
Format:
Podcast episode
Description
The crude oil price is back up to $76 today due to a technical momentum, short covering, and easing inflation pressures. On the demand side, refinery runs are strong and OPEC+ production cuts are coming through. Matt Smith weighs in on a weaker U.S. Dollar impact on energy prices, as well as headwinds coming from China. Also, OPEC sees stronger oil demand in 2024.
Released:
Jul 13, 2023
Format:
Podcast episode
Titles in the series (100)
Investment Strategies With Markets At All Time Highs by Schwab Network