The David Lin Report · Tuesday, July 14, 2026
Peter Boockvar anticipates that oil prices will likely rise into the $80-$90 range due to the ongoing difficulties in managing the situation with Iran. He notes that while crude oil prices have fallen, product prices have not seen a similar decrease, indicating persistent inflationary pressures.
“But there wasn't any deal, uh, that there was a 60-day window of a negotiation within the ceasefire.”
“So I think at the end of the day, oil prices won't be sitting in the 70s. It'll be sitting more in the 80s and 90s, uh, as people realize how difficult it is to to manage this situation with Iran.”