Global  

Jim Cramer Breaks Down What Investors Need to Know About Oil, BP

Video Credit: The Street - Duration: 07:50s - Published
Jim Cramer Breaks Down What Investors Need to Know About Oil, BP

Jim Cramer Breaks Down What Investors Need to Know About Oil, BP

Let's talk oil.

Jim Cramer is weighing in on oil and Real Money Stock of the Day BP Plc .

It's All About Oil?

The Dow dropped for the first time in eight days, in part due to an attack on two key Saudi Arabian oil facilities.

Oil prices surged the most since the 1991 Gulf War in early trading, before paring gains to between $5 and $6 a barrel, after drone attacks on the Abqaiq and Khurais crude facilities in Saudi Arabia, which caused massive fires and shuttered nearly 5% of global production.

Will You Feel the Pain at the Pump?

With all of the news around oil, one question has to be asked: will the average consumer feel the pain at the pump the next time that they stop by the gas station?

Cramer said, "not nearly as much as you think," when asked about it.

Premium Pick: Jim Cramer: Here Are the Real Winners and Losers From the Saudi Oil Attacks Action Alerts PLUS peek: Jim Cramer: Buy Burlington Stores Stock When the U.S.-China Trade War Gets Ugly Trading Strategies: A Lookahead to the Fed, Stocks to Watch and CVS Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below


You Might Like

Related news from verified sources

Jim Cramer: It's 'Amazing' Stocks 'Pretty Much Shrugged Off' Oil Shock

Investment guru Jim Cramer proclaims that it’s pretty much a miracle that the stock market...
Newsmax - Published


Tweets about this


Related videos from verified sources

What Is a Semiconductor? [Video]

What Is a Semiconductor?

So what in the world is a semiconductor? You're always hearing in the business news that the semiconductor stocks are selling off, or rallying, or just in focus. There's a reasons for that. ..

Credit: The Street     Duration: 01:32Published
We're Always in a Guessing Game with Tesla [Video]

We're Always in a Guessing Game with Tesla

Real Money Stock of the Day Tesla TSLA is expected to release delivery numbers showing around 100,000 deliveries. However, it's been reported that the delivery numbers may come up a little short of the..

Credit: The Street     Duration: 01:13Published
How BP's CEO Reportedly Planning to Retire Could Impact Big Oil [Video]

How BP's CEO Reportedly Planning to Retire Could Impact Big Oil

Bob Dudley, BP's CEO, is reportedly preparing to step down from the British oil giant after a decade of running the company, a period in which it recovered from the Gulf of Mexico oil spill disaster..

Credit: The Street     Duration: 01:14Published