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Oil Prices Whipsaw as US-Iran try to work out deal to end war
Bloomberg Television· 2026-05-07 19:07
We got oil trading off here a little bit today, maybe a little bit of optimism about, uh, getting some type of resolution here. Let's just say, for the sake of argument, Mike, uh, we, we get the tweet that it's all over and our ships are coming home. What is it.How does oil trade in the days after that collapse. It's a pretty good indication for that part. I think it's reached a pretty good peak around 120.It's probably stuck between 80 and 100 for a while, but natural gas has already done it. It's the same ...