On Friday, CCTV invited Dr. Kent Moors to help make sense of last week’s spike in oil prices. In this video, Kent explains why the increase happened and why the answer has nothing to do with market fundamentals. Also in the video, Kent discusses the impact of the Tianjin explosion on the energy sector, Chinese reforms, the future of unconventional producers here in the U.S., and when the next major spike in high-interest junk bond rates is expected.
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