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Oil prices have a lot higher to go, says Tom McClellan

Tom McClellan, editor of the McClellan Market Report, says the rise in oil prices will not be short-lived. "Oil prices lag about 19 to 20 months, so we still have many more months to come," McClellan said. He joins 'Closing Bell' to discuss his outlook on oil prices in relation to gold.
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Tue, Mar 2 20214:50 PM EST