surged 4% to begin the week after a drone strike on a Saudi oil facility squeezed global supplies.James Camp, managing director of strategic income at Eagle Asset Management, said this spike in oil prices could be short-lived.
Kevin Book, managing director of research at ClearView Energy Partners, said it could take time for oil markets to stabilize. Jason Hunter, head of U.S. equity technical strategy at J.P. Morgan, said this could give the rotation into value even more strength.
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Source: Reuters - 🏆 2. / 97 Read more »