Oil Selloff Seen as ‘Unwarranted’ by Rapidan’s McNally

Bob McNally, founder and president at Rapidan Energy Group, says oil is “oversold,” but he expects the markets to retrace as he examines reaction to the interim deal between the...

By Bloomberg Markets · Bloomberg Markets

Bob McNally, founder and president at Rapidan Energy Group, says oil is “oversold,” but he expects the markets to retrace as he examines reaction to the interim deal between the US and Iran. (Source: Bloomberg)