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

Oil Selloff Seen as ‘Unwarranted’ by Rapidan’s McNally
Bloomberg Markets Wednesday 17 June 2026, 12:30 UTC 1 min read
Key Points

Jun 17th, 2026 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 US and Iran.

Jun 17th, 2026 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 US and Iran. [Image text:] LIVE BOB MCNALLY RAPIDAN ENERGY GROUP FOUNDER & PRESIDENT LONG-TERM IMPACT OF HORMUZ DISRUPTION
Rapidan (PERSON) McNally Jun 17th (PERSON) 2026 Oil Selloff Seen (EVENT) McNally Bob McNally (PERSON) Rapidan Energy Group (ORG) US (LOCATION) Iran (LOCATION)
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