CNBC Stock Blog
- Playing Activision and Other Video Game Stocks: Analyst
- Expect 'At Least' Another 10-15% Upside: Fund Manager
- Why are Options Bullish on This Smartphone Maker?
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- 3 Hot Mid-Cap Stock Picks: Portfolio Manager
- 'Nice Opportunities' in Health Care Sector: Stock Picker
- Stocks To Play With Health Reform: Analysts
- 4 Tech Stocks For This Holiday Season: Analyst
- Art Cashin: I'm Still Skeptical About Markets
MOST SHARED
- Health-Care Reform Does Little To Contain Costs: Analysts
- If Mickey Mouse Has to Change—What Does That Say About You?
- Trader Tax Sound Off
- S&P Stocks Trading at New 52-Week Highs
- Treasurys Flat as 30-Year Auction Takes Focus
- Commodity ETFs: Returns May Not Always Match Expectations
- Hottest Zip Codes for Home Prices
- MBIA Shares Plunge in Wake of Earnings
- CNBC EXCLUSIVE: CNBC MEDIA ALERT: CNBC'S MARIA BARTIROMO SPEAKS WITH STARBUCKS CEO HOWARD SCHULTZ TODAY ON "CLOSING BELL"
- Nov. 10: Unusual Volume Leaders
- Shadow Inventory Dwarfs Loan Mods
- The Lloyd's Prayer
- Playing Activision and Other Video Game Stocks: Analyst
- Expect 'At Least' Another 10-15% Upside: Fund Manager
- If Mickey Mouse Has to Change—What Does That Say About You?
- S&P Stocks Trading at New 52-Week Highs
- Passive Job Search Strategies
- Back Off, Regulators!
- Commodity ETFs: Returns May Not Always Match Expectations
- Housing: 'Shadow Inventory' Dwarfs Loan Modifications
- Home Prices Decline Further In Most Parts of US
- UBS Faces Roadblock in Poaching More BofA Talent
- Jobless Rate to Hit 10.5%, Keeping Fed in Box: Poll
- Credit Card Firms Squeeze Customers as Rules Loom
- 'Thriller' Art: Warhol's Jackson Work Could Net $700,000
- Health Reform Does Little to Contains Costs: Analysts
- Ponzi Proceeds: Bidding on Madoff's Toys
RSS FEED
Text Size 
Stocks kicked off the second half of 2009 with a rally. What about oil? Nymex energy trader Ray Carbone offered his second-half outlook to CNBC.
"I think we're balancing in all three markets that really move crude: the equities market, the dollar market and the crude market [itself]."
Citing "sideways movement" in the first two categories, he notes that "we've been chopping around between 67 to 73 [dollars per barrel] and $1.37 to $1.43 dollar-euro."
"I think we're going to see volatility, I could see the pullback going to the $60 level, maybe a little lower."
Carbone said he's going to take a close look at the Goldman Sachs forecast and "see if the fund flows just come in and overwhelm the fundamentals, which have not been in control."
According to Deutsche Bank, some $8 billion in commodity ETFs and ETNs have been coming in.
Watch the full interview, above. Sharon Epperson reports.
______________________________
CNBC Special Feature:
 |
______________________________
CNBC Slideshows:
___________________________
______________________________
CNBC's Companies in the News:
General Motors [GMGMQ
Loading...
()
]
Ford Motor [F
Loading...
()
]
Citigroup [C
Loading...
()
]
Wal-Mart Stores [WMT
Loading...
()
]
Intel [INTC
Loading...
()
]
______________________________
Disclosures:
Disclosure information was not available for Carbone.
Data is a real-time snapshot *Data is delayed at least 15 minutes