Oil Analyst Knuckman Links Crude, S&P on Route to All-Time Highs

Alan Nachman discusses the current state of oil prices, noting they are trading sideways between $50 and $55, with potential upside to $60. He emphasizes the importance of the dollar and its impact on oil and macro markets. The discussion also covers the S&P 500, potential market drivers like trade agreements, and concerns about global growth. The dollar's strength and euro's lows are analyzed, with a focus on the lack of volatility and potential rate hikes.

What factors could potentially influence the oil market according to the discussion?

What is the significance of the dollar's position in the context of oil prices?