Crude oil (/CL) prices are rising as they hit 7-year highs. Bob Yawger, Director of the Futures Division at Mizuho Americas, and Ed Moya, Chief Market Strategist at Oanda, examine the latest activity in the energy sector. They discuss the EIA Petroleum Status Report for the Week of October 22nd, which was released today. They also talk about what to look for in energy commodities heading into fall and winter, as well as what rising crude oil prices mean for the markets. Tune in to find out more.
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