Oil should be $5 to $10 a barrel higher even without geopolitical risks: Bison Interests' Josh Young
CNBC Television·2025-06-23 11:02
Oil prices are higher this morning, but not nearly as high as they had been overnight in the trading session where we saw WTI uh actually get up close to $79 and Brent even above $80 a barrel. Joining us right now is Josh Young. He's chief investment officer of Bison Interest which focuses on oil and gas investments.And Josh, let's just talk about where we stand. If you look back at a WTI chart over the last month, we're up 20%. So we have seen pretty massive premium that's been built in from where we were ...