Crude oil's trading range has noticeably shifted to the higher-end of the $69-84 band that we have seen since the beginning of 2010, observes Victor Shum, senior principal at Purvin & Gertz. He talks oil, with CNBC's Oriel Morrison & Sri Jegarajah.

Topics:

Commodities | Analyst | Commodities Basic Resources

ADD COMMENTS

Most Popular Best Buy's Mixed Q1 Results Tue 21 May 13 \| 10:54 AM ET	Most Popular Voyage to the Land of IPOs Tue 21 May 13 \| 06:15 PM ET	Most Popular Microsoft Introduces Xbox One Tue 21 May 13 \| 01:29 PM ET	Most Popular Dudley: Uncertainty About QE Makes Fed Cautious Tue 21 May 13 \| 01:10 PM ET

Most Popular

Best Buy's Mixed Q1 Results

Tue 21 May 13 | 10:54 AM ET

Most Popular

Voyage to the Land of IPOs

Tue 21 May 13 | 06:15 PM ET

Most Popular

Microsoft Introduces Xbox One

Tue 21 May 13 | 01:29 PM ET

Most Popular

Dudley: Uncertainty About QE Makes Fed Cautious

Tue 21 May 13 | 01:10 PM ET

Sort Video Gallery

Displaying results for: Latest Video | US

UK Official: London Attack Could be Terror-Related Wed 22 May 13 \| 02:33 PM	More Homes for Sale Wed 22 May 13 \| 02:10 PM	June Taper Possible? Wed 22 May 13 \| 02:00 PM	Existing Home Sales Climb to 3.5-Year High in April Wed 22 May 13 \| 02:00 PM	No More Retail Spending Spree? Wed 22 May 13 \| 02:00 PM
China Buying Big Into US Wed 22 May 13 \| 01:55 PM	Inside the World of Illegal Gambling Wed 22 May 13 \| 01:48 PM	Oklahoma Tragedy: Counting the Cost of the Damage Wed 22 May 13 \| 01:42 PM	Gold Closing for the Day Wed 22 May 13 \| 01:30 PM	Trader Talk: If the Fed Starts Tapering ... Wed 22 May 13 \| 01:30 PM
Will More Tech Companies Issue Bonds? Wed 22 May 13 \| 01:16 PM	IRS Official Lerner: I Have Not Done Anything Wrong Wed 22 May 13 \| 01:05 PM	FMHR Final Trade Wed 22 May 13 \| 12:58 PM	Best Buy: Buy, Sell or Hold? Wed 22 May 13 \| 12:51 PM	TLT: Buy, Sell or Hold? Wed 22 May 13 \| 12:45 PM
HPQ 'Rent Too Low': Toni Sacconaghi Wed 22 May 13 \| 12:39 PM	Futures Now: Bond Yields Soar on Bernanke Wed 22 May 13 \| 12:30 PM	FMHR's Top Three Trades Wed 22 May 13 \| 12:30 PM	Halftime Pops & Drops Wed 22 May 13 \| 12:27 PM	Top 5 Airline Stock Picks: Analyst Wed 22 May 13 \| 12:20 PM
Should You Buy Tesla? Wed 22 May 13 \| 12:15 PM	Auto Stocks on the Move Wed 22 May 13 \| 12:15 PM	Bernanke: Despite Gains, Job Market Remains Weak Overall Wed 22 May 13 \| 12:00 PM	Despite Rising Travel Costs, Summer Deals Still Exist Wed 22 May 13 \| 12:00 PM	Reading Between Fed's Lines: Pro Wed 22 May 13 \| 11:58 AM
Is Fed's Biggest Concern 'Terminal Rate' Problem? Wed 22 May 13 \| 11:46 AM	Rep. Duffy: How to Sustain Medicare Wed 22 May 13 \| 11:42 AM	Sen. Casey: How to Simplify the Tax Code Wed 22 May 13 \| 11:35 AM	European Market Closes Slightly Higher Wed 22 May 13 \| 11:30 AM	Sen. Toomey: Risks of Unexpected Unwinding Wed 22 May 13 \| 11:28 AM

« First | « Previous

1 | 2 | 3 | 4 | 5 of $lastPage

Next » | Last »

| Terms of Service | Independent Programming Report | Latest News Releases | RSS

Data is a real-time snapshot *Data is delayed at least 15 minutes Market Data Terms of Service
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2012 CNBC LLC. All Rights Reserved

UK Official: London Attack Could be Terror-Related Wed 22 May 13 \| 02:33 PM	More Homes for Sale Wed 22 May 13 \| 02:10 PM	June Taper Possible? Wed 22 May 13 \| 02:00 PM	Existing Home Sales Climb to 3.5-Year High in April Wed 22 May 13 \| 02:00 PM	No More Retail Spending Spree? Wed 22 May 13 \| 02:00 PM
China Buying Big Into US Wed 22 May 13 \| 01:55 PM	Inside the World of Illegal Gambling Wed 22 May 13 \| 01:48 PM	Oklahoma Tragedy: Counting the Cost of the Damage Wed 22 May 13 \| 01:42 PM	Gold Closing for the Day Wed 22 May 13 \| 01:30 PM	Trader Talk: If the Fed Starts Tapering ... Wed 22 May 13 \| 01:30 PM
Will More Tech Companies Issue Bonds? Wed 22 May 13 \| 01:16 PM	IRS Official Lerner: I Have Not Done Anything Wrong Wed 22 May 13 \| 01:05 PM	FMHR Final Trade Wed 22 May 13 \| 12:58 PM	Best Buy: Buy, Sell or Hold? Wed 22 May 13 \| 12:51 PM	TLT: Buy, Sell or Hold? Wed 22 May 13 \| 12:45 PM
HPQ 'Rent Too Low': Toni Sacconaghi Wed 22 May 13 \| 12:39 PM	Futures Now: Bond Yields Soar on Bernanke Wed 22 May 13 \| 12:30 PM	FMHR's Top Three Trades Wed 22 May 13 \| 12:30 PM	Halftime Pops & Drops Wed 22 May 13 \| 12:27 PM	Top 5 Airline Stock Picks: Analyst Wed 22 May 13 \| 12:20 PM
Should You Buy Tesla? Wed 22 May 13 \| 12:15 PM	Auto Stocks on the Move Wed 22 May 13 \| 12:15 PM	Bernanke: Despite Gains, Job Market Remains Weak Overall Wed 22 May 13 \| 12:00 PM	Despite Rising Travel Costs, Summer Deals Still Exist Wed 22 May 13 \| 12:00 PM	Reading Between Fed's Lines: Pro Wed 22 May 13 \| 11:58 AM
Is Fed's Biggest Concern 'Terminal Rate' Problem? Wed 22 May 13 \| 11:46 AM	Rep. Duffy: How to Sustain Medicare Wed 22 May 13 \| 11:42 AM	Sen. Casey: How to Simplify the Tax Code Wed 22 May 13 \| 11:35 AM	European Market Closes Slightly Higher Wed 22 May 13 \| 11:30 AM	Sen. Toomey: Risks of Unexpected Unwinding Wed 22 May 13 \| 11:28 AM

Please Install Flash Player

Outlook for Crude Prices

Outlook for Crude Prices

Topics:

COMMENTS

More Comments

ADD COMMENTS

PREVIEW COMMENT