The Future of Crude Oil (/CL) & Lumber (/LBS) / North American Drought Fears On Grains Futures (/ZW)

Crude Oil (/CL) is inching closer to $70 per barrel, which is the point at which oil companies become profitable. Chris Robinson, Managing Director at TJM Institutional Services, discusses crude oil, in addition to various commodities such as Lumber Futures (/LBS). Robinson believes lumber is still down from record highs because of inflation fears. He also talks about the effects of North American drought fears on Grains Futures (/ZW).

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04 Jun 2021

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The Future of Crude Oil (/CL) & Lumber (/LBS) / North American Drought Fears On Grains Futures (/ZW)

Crude Oil (/CL) is inching closer to $70 per barrel, which is the point at which oil companies become profitable. Chris Robinson, Managing Director at TJM Institutional Services, discusses crude oil, in addition to various commodities such as Lumber Futures (/LBS). Robinson believes lumber is still down from record highs because of inflation fears. He also talks about the effects of North American drought fears on Grains Futures (/ZW).

Market On Close

04 Jun 2021