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Stock impact report

Crude prices plunge to record lows — what Cramer and others are watching [CNBC]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: CNBC
VIDEO4:3604:36Crude oil is collapsing—Five experts on where it could be headedIt was a historic day for crude.The price ofWest Texas IntermediateMarket analysts are watching closely as concerns grow around rapidly shrinking storage space for the oversupply of oil.Here's what five of them, including CNBC'sJim CramerHelima Croft, global head of commodity strategy at RBC Capital Markets, suggested keeping an eye on gasoline demand:"This is a really sort of interesting, unique story to the oil market. I mean, what has been hit the hardest by this pandemic has been vehicle traffic use. I mean, people are not flying. They are not driving. And so, this is a real story about storage filling up. ... We're expectingCushingOPEC cutDoug Terreson, fundamental research analyst at Evercore ISI covering integrated oil and refining, expected crude oil prices to "remain very weak" in the near term:"Our report today was called 'A Dog's Breakfast.' That's a phrase for something that's extremely messy, wh Show less Read more
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