Name: Thummel: Why $60 Oil Might Be Closer than $80 Oil
Uploaded: 2025-06-17T13:07:09.806-05:00
Duration: 6 min 50 s

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Rob Thummel is at the NYSE site to discuss the global energy market. He says there hasn't been a real supply disruption so far in the Iran-Israel conflict, but the greatest concern remains escalation near the Strait of Hormuz. He believes Iran wants to de-escalate the conflict, which could drop oil prices to $60. Rob believes other Middle Eastern countries and OPEC members could fill any gaps from Iranian disruptions in oil production. He adds that his firm is looking forward to alternative energy sources and energy export infrastructure as well. He names Williams (WMB), Constellation Energy (CEG) and Cheniere (LNG) among names to watch.

Thummel: Why $60 Oil Might Be Closer than $80 Oil

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.