
Markets in Rally Mode, Plus What’s Next for China 10/17/22
CNBC's "Fast Money"
00:00
Oil Prices Are Going Higher and the Oil Market Is Going to Be Worse Then So Are Oil Prices Going Higher
The big three exxon mobile chevron econical phillips and now close to a trillion a market cap or all within earshot of their not only 52 week either all-time high. These levered names that you're talking about if oil were just to stay here and go nowhere for the next six months the setup for them i still think it's extraordinarily good. Tim no listen Tim's been on this i'll say well first of all Brian you do a remarkable job in the space and we talked about it last weekWe brought it up very quietly but people sort of sold first ask questions later with the underlying equities thinking here we go again.
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