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Oil prices and the war

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Oil prices and the war

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22 segments

0:00

It's It's just seems to me that, you

0:01

know, on a good headline, the market

0:03

rallies like this week, and next week,

0:05

you know, we're bombing again, and the

0:07

market goes down.

0:08

>> Yeah, I I I think people I you know, I

0:10

have no special insight here. I frankly

0:12

I was shocked at how quickly oil prices

0:14

came down when it seemed when you had

0:17

this memorandum of understanding.

0:20

Because a lot of the supply issues I in

0:22

my opinion, from what I understand, are

0:23

going to be there whether the war ends

0:26

tomorrow or or not. So, you're going to

0:28

have a bid in the price of oil. Um which

0:30

is the main issue. But I think, Steve,

0:33

you're absolutely right. I I don't know

0:34

if there's any rhyme or reason to it,

0:35

mainly cuz people It's a tennis match,

0:38

right? It's one day it's on, one day

0:39

it's off. It's And how does How do you

0:42

How do you know?

Interactive Summary

This segment discusses the unpredictability of market reactions to geopolitical news, particularly concerning oil prices and the ongoing conflict, describing the current market atmosphere as a volatile 'tennis match'.

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