March 27th, 2015
The crisis in Yemen has provided a stark reminder of the immediate impact geopolitical events can have on oil prices.
In the wake of the Saudi-led airstrikes, West Texas Intermediate (WTI) jumped over 6% in less than 18 hours. Meanwhile, Brent climbed more than 5%.
Now Iran is warning of bloodshed as the crisis takes a turn for the worse. According to Dr. Kent Moors, this situation has “all the hallmarks of a bloodbath just waiting to happen.”
Kent was asked to provide his timely analysis on CNBC’s Closing Bell to discuss the impact this massive crisis will have on oil prices. To watch, click here.
March 26th, 2015
The last 24 hours have provided a stark reminder of the immediate impact geopolitical events can have on oil prices.
This time there’s a crisis in Yemen, and it’s about to take a turn for the worse.
As a result, I’ve been asked to provide my analysis on CNBC’s Closing Bell at 4:10 p.m. today to discuss the impact the crisis will have on oil prices.
But, as always, I wanted to give you a quick heads-up on what I am going to say and the rationale behind it.
This crisis is already having a big impact on the price of crude…