Oil trades near 10-month highs: Where could prices go from here?

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Crude oil is trading near 10-month highs. OPIS Global Head of Energy Analysis Tom Kloza tells Yahoo Finance Live that he doesn't think that oil prices are going to go that much higher, however, he cautions that prices could rise again given the high prices of heating oil, diesel, and jet fuel. On a positive note for consumer though, Kloza states that most of the rise in gasoline prices have 'already occurred.'

I was all set for my trip, or so I thought. That's when my friend told me to always keep a bread clip when traveling. The reason is quite clever.Prosecutors drop charges against Bijan Kian, a onetime business partner of Michael Flynn

FALLS CHURCH, Va. — Federal prosecutors on Monday dropped charges against Bijan Kian, a onetime business partner of former National Security Adviser Michael Flynn who had been accused of acting as an unregistered agent of the Turkish government. Monday's decision ends a five-year legal saga for Kian, whose case received significant attention when he was charged in 2018 as a spinoff from special counsel Robert Mueller’s investigation of Russian election interference.

 

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Oil holds at yearly highs as technical levels give traders pauseOil steadied near its highs of the year after rallying about 10 per cent in recent weeks, with technical indicators that suggest its gains may be overdone sapping the benefit of risk-on sentiment in broader markets.
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