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Crude Oil Speculators Cannot Stay Away

Crude Oil Speculators Cannot Stay Away

Released Friday, 14th July 2023
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Crude Oil Speculators Cannot Stay Away

Crude Oil Speculators Cannot Stay Away

Crude Oil Speculators Cannot Stay Away

Crude Oil Speculators Cannot Stay Away

Friday, 14th July 2023
Good episode? Give it some love!
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The U.S. Dollar moving lower and the stock market moving higher have both benefited the price of crude oil. Crude oil continues to make lower highs. Carley Garner sees resistance between $78 to $80 and is bullish long-term on the energy commodity. When speculators pile back in, the crude oil price will move up sharply. Another recent in the latest rally have to do with the supply disruptions in Africa.

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