Name: Crude Oil Staying Between High $50s & Low $60s?
Uploaded: 2025-05-08T20:24:06.803-05:00
Duration: 6 min 16 s
Description: Ellen Ward, ph.D., author of Saudi Inc., explains why oil is seeing a bounce today. Positive hope around tariffs is giving it a boost, she argues, after a number of factors have been depressing the price lately. She also talks about what could happen if growth slows or a recession hits. She thinks crude will continue to trade in the high $50s to low $60s.

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Ellen Ward, ph.D., author of Saudi Inc., explains why oil is seeing a bounce today. Positive hope around tariffs is giving it a boost, she argues, after a number of factors have been depressing the price lately. She also talks about what could happen if growth slows or a recession hits. She thinks crude will continue to trade in the high $50s to low $60s.

Crude Oil Staying Between High $50s & Low $60s?

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