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TheStreet.com TV: Oil's Heading Higher

 

Don't look for any drop in oil prices soon -- and keep an eye on the stocks associated with it.

With oil hitting its high for the year and international tensions surrounding Iran and Britain, the effects are bound to be felt in the market, said Jim Cramer in his Wall St. Confidential video on Monday.

It's important to remember that only international tension moves oil and that this will soon reignite earnings, Cramer told Greenberg. In fact, it's already igniting earnings in the whole drilling complex. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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