11 min listen
Short Coverings Extend Crude (/CL) Rally
FromSchwab Network
ratings:
Length:
9 minutes
Released:
May 17, 2022
Format:
Podcast episode
Description
I would wait for any pullback on crude and there are higher lows, so the mid and high-nineties prices are gone, so you'll have to wait for any correction to about $105, says Phil Streible. You will see another wave of short covering extending the rally, he explains. He and Ben discuss the chart of Occidental Petroleum (OXY). Phil talks about the high prices of gasoline. Tune in for the full discussion.
Released:
May 17, 2022
Format:
Podcast episode
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