“Oil turned up with the S&P,” said Phillip Streible, a Chicago-based commodities broker at RJO Futures. “It seems like Greece is starting to make some kind of progress, and with that there is some optimism in the market. Improved economic data globally is helping support oil prices. Iran is definitely a concern and it creates a floor in the market.”
To read the full article with Phil's comments, please go to Bloomberg.com.
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Phillip Streible
Senior Commodities Broker
Early in his career Phillip began trading his own account as a screen trader focusing on the metals, grains, and stock indices. He then became a Series 7 licensed financial consultant with A.G. Edwards. Later, he expanded his trading experience into a Series 3 licensed commodity broker with Investment Analysis Group. Most recently he was a senior market strategist at MF Global before joining RJO Futures in October 2011 as a senior commodities broker.
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