Oil Prices In Times Of Geopolitical Uncertainty

IMF raises U.S. growth projection by 0.3%. Jeffrey Kleintop discusses this as the U.S. raised 2023 growth to 2.1% and raised 2024 growth to 1.5% and the EuroZone lowered its 2023 growth to 0.7% and lowered 2024 growth to 1.2%. He talks about how IMF leaves global growth outlook unchanged at 3%. He then goes over how futures are higher as the Israel-Hamas conflict continues. He then looks at crude oil prices compared with the period around Russia’s invasion of Ukraine. He outlines how oil prices react to global conflicts. Tune in to find out more about the stock market today.