6 min listen
Fundamentally Bullish On Crude Oil
FromSchwab Network
ratings:
Length:
9 minutes
Released:
Feb 1, 2023
Format:
Podcast episode
Description
"Fundamentally, traders believe that the Federal Reserve could stop hiking interest rates in March as economic indicators suggest that inflation is starting to come under control. Oil prices continue to climb on positive economic data. Rising Chinese demand and growing geopolitical risks for the Middle East are cause to be bullish on crude oil. If crude could close monthly above $75, that would keep it in a stronger position," says David Williams.
Released:
Feb 1, 2023
Format:
Podcast episode
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