Marketplace®

Daily business news and economic stories
May 23, 2018

How high can crude oil go?

(Markets Edition) One Wall Street heavyweight is predicting that crude oil could top $100 a barrel, which could spark a recession here in the U.S. On today’s show, we’ll get some perspective about the trajectory of oil prices from Susan Schmidt, senior portfolio manager at Westwood Holdings Group. Afterwards, we’ll discuss how drivers will pay the most expensive Memorial Day gas prices since 2014, and then we’ll look at the Environmental Protection Agency’s plans to pursue new regulations on a class of chemicals used to make things like Teflon and Scotchgard. (05/23/2018)

Laborers work at the construction site of Saudi Aramco's Al-Khurais central oil processing facility in the Saudi Arabian desert.
Laborers work at the construction site of Saudi Aramco's Al-Khurais central oil processing facility in the Saudi Arabian desert.
MARWAN NAAMANI/AFP/Getty Images

Subscribe:

Segments From This Episode

(Markets Edition) One Wall Street heavyweight is predicting that crude oil could top $100 a barrel, which could spark a recession here in the U.S. On today’s show, we’ll get some perspective about the trajectory of oil prices from Susan Schmidt, senior portfolio manager at Westwood Holdings Group. Afterwards, we’ll discuss how drivers will pay the most expensive Memorial Day gas prices since 2014, and then we’ll look at the Environmental Protection Agency’s plans to pursue new regulations on a class of chemicals used to make things like Teflon and Scotchgard. (05/23/2018)