Crude Oil & Easing Inflationary Pressures
Released Thursday, 13th July 2023
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Crude Oil & Easing Inflationary Pressures
Crude Oil & Easing Inflationary Pressures
Thursday, 13th July 2023
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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.
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Schwab Network
A stock market news podcast and educational program available to stream without a subscription. Get real-time insights, commentary from CEOs and market experts. Schwab Network is brought to you by Charles Schwab Media Productions Company (“CSMPC”). CSMPC is a subsidiary of The Charles Schwab Corporation and is not a financial advisor, registered investment advisor, broker-dealer, or futures commission merchant. THE SCHWAB 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. © 2024 Charles Schwab Media Productions Company. All rights reserved.Join Podchaser to...
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