(NAFB) Oil prices are moving higher, and for the first time since late 2019, prices are not being dictated by the coronavirus.
West Texas Crude was trading in the $88 a barrel range in Monday’s action.
Patrick De Haan with GasBuddy says from Russia and Ukraine, to Kazakhstan as well as Libya, investors have a lot to digest.
De Haan noted there is concern that geopolitical unrest could spread beyond the current hotspots.
That’s GasBuddy’s Patrick De Haan.
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Submitted by Micheal Clements on Tue, 02/01/2022 – 17:48
Source: FBRD (Farm Broadcaster)
Audio provided by Glenn Vaagen, PNW Ag Network, Pasco, Washington
Audio with GasBuddy’s Patrick De Haan
Saturday Morning news
