Price of Gas Central to Midterm Elections, Ipsos’s Cliff Young

Joe Mathieu and Kailey Leinz speak with Cliff Young, Ipsos US Public Affairs Chair and Professor at Texas A&M University’s Bush School of Government and Public Service.

Oil prices rose after President Donald Trump threatened attacks on Iran’s energy infrastructure, overshadowing his comments that a deal to end hostilities in the Middle East could be close. 
West Texas Intermediate futures rose more than 3% to trade near $103 a barrel, while the most active June Brent futures climbed to trade above $107 a barrel. 
Brent futures were volatile amid thin liquidity, with traders increasingly staying on the sidelines to avoid extreme headline-driven price swings. Front-month May futures fluctuated as investors closed out those positions ahead of the contract’s expiration on Tuesday — the price was near $112 a barrel.  (Source: Bloomberg)