Crude Oil Supply Woes Will Take "Quite a Bit of Time" to Fix

By Schwab Network

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Crude oil supply remains constrained, and Ellen Wald says any subsequent hits to Middle Eastern oil infrastructure, like what was seen over the weekend, adds to headwinds. She adds that Russian sanctions and Ukrainian strikes on Russian oil refineries deepen the global supply impacts, nor will supply from Venezuela help long-term. Stewart Glickman explains the trickle effects to the U.S. economy and ways supply woes will hit consumers and transport companies. That said, he sees opportunities in the energy space and highlights stocks he likes. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio -