NEW YORK ( TheStreet) -- Crude oil prices have been gyrating, based on what the likelihood of U.S. military intervention in Syria that varies from day to day.Alan Harry, CEO of Spartan Commodity Partners, told TheStreet's Joe Deaux that there is about $5 a barrel of war premium baked into the price of crude oil.
[video] Quick Take: What No One Is Saying About Oil
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts