Oil Price Outlook on Iran Deal (with Matt Miller)

Jay Hatfield predicts oil prices will fall further, potentially below $70, due to the anticipated US-Iran interim peace agreement which will reopen the Strait of Hormuz and allow oil to flow quickly.

Yields

NDX

RUT

explicit

Metals

USD

Infrastructure Capital 1.0
Other
Jay Hatfield 6.5

Oil Price Outlook on Iran Deal (with Matt Miller)

wti

We think we'll quickly get to 70... We get below 70.

Introduces the segment on falling oil prices and plays a clip of Jay Hatfield's previous comments.

Matt Miller
Jay Hatfield

Oil prices were horrible for inflation. We think we'll quickly get to $70. We're a little skeptical they'll agree in 60 days, but the strait will be reopened and oil will be flowing very fast due to production. We get below $70.

SignalTube

markets at a glance