What Cramer Watches Tuesday – Oil Outlook, Pinterest and Uber Rise, Caterpillar Stumbles

Pumps are seen working in the Montebello oil field in Montebello, California. Oil prices fell on Tuesday, extending losses from the previous session, as investors worried about global oil demand after weak manufacturing data in several countries.

Frederick J. Brown | Afp | Getty Images

What I look forward to on August 2, 2022

Is the oil gone? I thought it had staying power here, but the cartographer who called the WTI peak around $110 a barrel on “crazy money,” says Carly Garner, now says the next stop is the $85 to $80 range. West Texas Intermediate crude is below $94 a barrel on Tuesday morning after dropping nearly 5% in the previous session.

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