Rising Energy Prices Have Impact on Inflation Outlook

Iranian oil (/CL) output fell in May. Rising energy prices have an impact on inflation outlook. The U.S. has seen a very strong recovery with a fast pickup in modest travel, and a demand for gasoline and diesel, says Brayton Tom of Stonex. We are running really tight on inventories in the U.S., he adds. The U.S. Dollar (/DX) has a huge impact on the oil market, says Brayton. Tune in to the discussion with Ben for more details.

Futures

02 Jun 2021

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Rising Energy Prices Have Impact on Inflation Outlook

Iranian oil (/CL) output fell in May. Rising energy prices have an impact on inflation outlook. The U.S. has seen a very strong recovery with a fast pickup in modest travel, and a demand for gasoline and diesel, says Brayton Tom of Stonex. We are running really tight on inventories in the U.S., he adds. The U.S. Dollar (/DX) has a huge impact on the oil market, says Brayton. Tune in to the discussion with Ben for more details.

Futures

02 Jun 2021