Oil Analyst Streible Says $60 Is a Good Average Price for 2019

The video discusses the crude oil market's recent trends, highlighting a significant weekly gain despite uncertainties in US production, a slowdown in China, and trade talks. Phil Streible from Rjo Futures provides insights into the market, noting the impact of US-China trade relations and US production levels. OPEC's agreement with Russia to reduce production and US sanctions on Iran are also discussed. The video further explores how economic factors, such as Federal Reserve policies and a stronger dollar, influence crude oil trading.

How do equities impact crude oil trading according to the discussion?

What stance does the Federal Reserve appear to be taking regarding interest rates?