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Oil prices remain below $200, Joe Weisenthal notes

Oil prices remain below $200, Joe Weisenthal notes
Oil prices remain well below $200

Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., discusses recent oil market dynamics and the reasons why prices have not surged to $200.

He also comments on President Donald Trump's rhetorical strategies in presenting oil prices, noting how referencing higher possible values like $200 or $300 can make figures such as $96 appear more significant.

Weisenthal has previously commented on inflation data, noting that core PCE inflation rose 0.2 percent, just below the 0.3 percent expectation. He has also examined the role of commodity finance in international shipping with insights from Brown Brothers Harriman’s Lewis Hart in another recent analysis. These posts highlight his ongoing coverage of both headline economic figures and the logistics behind commodity markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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