Crude Oil Rallies Are Demand Driven

Published: July 8, 2022, 10:30 p.m.

b'The crude oil price fell below $100 this week before rallying back. What is the impact of the Federal Reserve and Jerome Powell on commodity prices? "Are we going to go back to $114 or $120 per barrel? There could be demand for crude oil in China. $96 is a key price level for Crude Oil Futures (/CL)," says Chris Robinson. He also weighs in on Futures grains and livestock commodities.'