HomeInvestingFundamental AnalysisOKE, PXD, ET: Rising Oil Prices Increase Potential For Higher Inflation

OKE, PXD, ET: Rising Oil Prices Increase Potential For Higher Inflation

Global inventory declines in 2H23 have increased oil prices by $15, notes Rob Thummel. He discusses how markets are mixed following latest ISM Services data. He doesn’t expect oil prices to reach $100 per barrel. He talks about how rising oil prices increase the potential for higher inflation which means higher interest rates and potential for recession. He goes over how rising oil prices could lead to slower global growth. He highlights his energy stock picks which include OKE, PXD, and ET. Tune in to find out more about the stock market today.

Morning Trade Live

04 Oct 2023

SHARE

ON AIR
1:00 am
Trading 360
replay
12:00 am
Fast Market
REPLAY
ON AIR
1:00 am
Trading 360
REPLAY
2:00 am
Next Gen Investing
REPLAY
education
3:00 am
Your First Trade
REPLAY
3:30 am
Trading 360
REPLAY
4:30 am
Next Gen Investing
REPLAY
education
5:30 am
Your First Trade
REPLAY
6:00 am
Fast Market
REPLAY
7:00 am
Futures
8:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
education
3:30 pm
Your First Trade
4:00 pm
Trading 360
REPLAY
5:00 pm
Fast Market
REPLAY
6:00 pm
Next Gen Investing
REPLAY
education
7:00 pm
Your First Trade
REPLAY
7:30 pm
Trading 360
REPLAY
8:30 pm
Fast Market
REPLAY
9:30 pm
Next Gen Investing
REPLAY
education
10:30 pm
Your First Trade
REPLAY
11:00 pm
Trading 360
REPLAY

Get the Market Minute

Daily insights for every investor

coming soon

We are now

coming soon

We are now