The spike in crude oil is a "civilized" move higher compared to the "uncivilized" headlines over the weekend, says Carley Garner. She also calls the crude rally "unsustainable." Oversupply leads her to believe markets have priced in a $20 premium into oil prices and will fall back to $50 once geopolitical risk subsides. However, Carley says that doesn't mean there won't be another opportunity to buy. Headlines also lifted prices in natural gas.
Market On Close
02 Mar 2026
SHARE