"Whistling Past The Graveyard": Oil and The Delta Variant

Warren Pies, founder and strategist at 3Fourteen Research, joins Real Vision’s Jack Farley as he shares his thoughts on the recent volatility investors have seen in the oil market and how it relates to the overarching macro environment as a whole. Pies explains Monday’s nearly 7% selloff in crude oil, sparked by rising fears over the delta variant, as well as oil’s rebound on Tuesday. With Tuesday being the final day to trade August U.S. crude futures, investors are certain to see even more volatility as the market moves forward.

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