HomeMarketsFuturesOutlook For Crude Oil (/CL) Inventories And Investment | Metals
Outlook For Crude Oil (/CL) Inventories And Investment | Metals

Crude oil inventories are low and longer term investment has been low, creating a situation where it is not so easy for supply to come to market, says Wayne Kaufman of Phoenix Financial Services. He explains producers have been focusing on profitability. He would like to see energy investment increase. Wayne points out the geopolitical aspects with Russia are affecting commodities such as natural gas, oil, and metals. He thinks OPEC will have to increase production to meet the expected increase in demand this summer. He and Ben discuss copper futures (/HG) and palladium (/PA). They also discuss grains, including corn futures.

Futures

01 Feb 2022

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