Oil Prices & Futures Tell the Real Story Behind the Ceasefire Headlines

追加: 2026-06-01

[00:00:00]So, it was limited. Joe, your first reaction is, well, there was there was some type of retaliatory strike situation here. Ceasefire sounds like it was violated, whatever.

[00:00:14]And you take a look and oil is still down over where we closed on Friday. And stock market futures are quite a bit higher yet again today. Well, a couple things.

[00:00:25]So, oil at its low point yesterday was around 90.

[00:00:32]So, if you're taking like an oil as it stands right now, yes, since our market most recently closed, um we were seeing it lower by by about three bucks a barrel. But, it is actually off of its low where the futures are trading yesterday.

[00:00:49]Yeah, so about it is up about three bucks a barrel since the impact of those strikes.