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Markets

Paul Tudor Jones Says Oil Prices Could Rise Another $20 to $25

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Paul Tudor Jones said Tuesday that oil prices could rise another $20 to $25, while warning that a sharp oil-price increase would hurt equities. “Long oil, bullish on oil,” Jones said in an interview. He added that equities would “absolutely totally hate” a surge in oil prices. Jones is the founder and chief investment officer of Tudor Investment. His latest comments add to an earlier market outlook in which he warned that 2027 could challenge U.S. stocks as companies may pursue secondary offerings to fund artificial intelligence development.

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