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Oil Prices: Why the Market Isn't Panicking Yet
Published 4 months, 3 weeks ago
Description
LISTEN and SUBSCRIBE on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
Despite ongoing tensions involving Iran and fears of a major oil shock, crude prices haven't surged the way many expected. This commentary explores why oil markets often move contrary to popular predictions, the role of global inventories and strategic reserves, and the lessons traders learned from the First Gulf War. It also examines how politics, market psychology, and geopolitical negotiations could send oil prices sharply higher—or back toward $60 a barrel—while highlighting why a spike to $150 oil would threaten the global economy.
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
Despite ongoing tensions involving Iran and fears of a major oil shock, crude prices haven't surged the way many expected. This commentary explores why oil markets often move contrary to popular predictions, the role of global inventories and strategic reserves, and the lessons traders learned from the First Gulf War. It also examines how politics, market psychology, and geopolitical negotiations could send oil prices sharply higher—or back toward $60 a barrel—while highlighting why a spike to $150 oil would threaten the global economy.