OPEC Production Cuts and the Lower Dollar Pushed Crude Oil Futures Higher But...

Written on 07/18/2023
Carley Garner

Carley spoke with Scott Shellady yesterday on Cow Guy Close about oil futures, click here to view the archive - https://cdn.jwplayer.com/previews/0Oz4ISw0

Main Takeaways - 

  • It took a perfect storm of positive news to enable oil to move from $65 to $75
  • The US dollar could be due for a bounce and stocks could go into a correction mode, this would immediately erase the progress the oil market has made.