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Crude Oil Below $60 by Year End?

Crude Oil Below $60 by Year End?

Schwab Network · Schwab Network

August 27, 20258m 13s

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Show Notes

Dan Deming looks at commodities as the market continues to make new highs. He’s watching $61.50 for crude oil and discusses how the trend could change if prices hit that level. He foresees headwinds for crude through the end of 2026 and thinks it could break below $60 by year-end. With central banks continuing to buy gold, he thinks there is a “put in place” underneath the metals market.


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