Update On The Crude Oil (/CL) Situation

Futures are trending higher following Tuesday’s declines. Fiona Boal, Global Head of Commodities at S&P Dow Jones Indices, discusses recent price action in crude oil (/CL). She goes over the market impact of the lack of an OPEC+ production agreement as well as how Hurricane Elsa could affect the crude oil market. She also talks about the correlation between crude oil and copper (/HG), the impact of a strong U.S. dollar (/DX) on crude oil, and what crude oil traders should watch next week.

Futures

07 Jul 2021

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US

Update On The Crude Oil (/CL) Situation

Futures are trending higher following Tuesday’s declines. Fiona Boal, Global Head of Commodities at S&P Dow Jones Indices, discusses recent price action in crude oil (/CL). She goes over the market impact of the lack of an OPEC+ production agreement as well as how Hurricane Elsa could affect the crude oil market. She also talks about the correlation between crude oil and copper (/HG), the impact of a strong U.S. dollar (/DX) on crude oil, and what crude oil traders should watch next week.

Futures

07 Jul 2021

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US