EPISODE · Apr 3, 2023 · 43 MIN
Stocks Shrug Off Inflation Concerns, and How High Crude Oil Is Going 4/3/23
from CNBC's "Fast Money" · host CNBC
Oil prices surged Monday after OPEC+ announced a surprise output cut over the weekend. And while that may have increased inflation concerns, major markets still held up relatively strongly, with the Dow & S&P both notching their fourth day of gains. Plus top analyst Paul Sankey sees crude heading even higher in the weeks and months to come. What he says is in store for energy prices and stocks. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Oil prices surged Monday after OPEC+ announced a surprise output cut over the weekend. And while that may have increased inflation concerns, major markets still held up relatively strongly, with the Dow & S&P both notching their fourth day of gains. Plus top analyst Paul Sankey sees crude heading even higher in the weeks and months to come. What he says is in store for energy prices and stocks. Fast Money Disclaimer
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Stocks Shrug Off Inflation Concerns, and How High Crude Oil Is Going 4/3/23
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