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Crude Oil Back at $100 Amid "Choppy" Ceasefire, Analyzing PCE, GDP & Jobless Claims

By Schwab Network April 09, 2026 Neutral
Crude Oil Back at $100 Amid "Choppy" Ceasefire, Analyzing PCE, GDP & Jobless Claims
Kevin Hincks says people are "naive" to expect an immediate resolution to the U.S.-Iran War. That said, even as crude oil taps $100 once again, Kevin points out that options traders are pricing in significantly lower crude moves months down the line.
Kevin Hincks says people are "naive" to expect an immediate resolution to the U.S.-Iran War. That said, even as crude oil taps $100 once again, Kevin points out that options traders are pricing in significantly lower crude moves months down the line.