Investors should keep their eyes on the energy sector. Robert Yawger and Ben Cook discuss crude oil (/CL). They talk about how crude oil is at its highest point since December 2022. They note that crude oil is in focus ahead of key OPEC and IEA reports. They then go over what the recent production cut means for crude oil. Crude oil hit a 52-week high of $123.68 on June 14, 2022. They also talk about investing opportunities in the energy sector, highlighting Exxon Mobil (XOM). Tune in to find out more about the stock market today.
Crude oil at highest point since Dec 2022
April 18, 2023
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