How geopolitical tensions could impact oil prices
John Kilduff, founding partner at Again Capital, and Rob Thummel, senior portfolio manager at Tortoise Capital, join ‘Squawk on the Street’ to discuss the impact of geopolitical tensions on oil prices, whether U.S. producers will keep pumping oil, and more.
4 Comments
Each time petroleum prices threaten to drop, must wars occur to prop them back up?
My first time visiting this site in 2 years … now I know why. 🤣. Irrelevant discussion.
SP500? Oil??
Look at commodities …. Gold, silver, palladium, copper …. Beating the sp500 by a lot. Oil will continue to drop until the US starts another war .. it’s been 5 years since Afghanistan .. we need another war soon to fill contractors pockets with money so they can buy off congress.
I suspect wars will stop within the next several years .. the US will be going bankrupt soon in much the same way the USSR did.
I’ll be back to this channel in 2 more years … if it’s still here !
Let's hope terrorist USA will collapse in next 3 years. I'm sure it will take I bit longer but one can hope
China sold 11 million EVs this year leaving 5.5 billion gallons of oil unneeded. They also have created a large fleet of electric flat decks that don't use oil either. The future is coming while Americans go backwards