Key Takeaways
- • Paul Tudor Jones, founder and CIO of Tudor Investment Corporation, said on CNBC's 'Squawk Box' that he is bullish on oil and believes crude could rally another $20 to $25 per barrel.
- • Jones tied the oil outlook to the Iran conflict and broader Middle East tensions, which he identified as key drivers of the current oil market.
- • The interview also covered his 2027 market outlook, the state of the AI boom, AI safety concerns, and growing U.S. debt.
- • Publisher context indicates Jones has previously described the AI bull market as having 'another year or two to run,' though those remarks predate this interview and are not part of the current discussion.
Summary
Paul Tudor Jones, founder and chief investment officer of Tudor Investment Corporation and founder and board member of the Robin Hood Foundation, said in an appearance on CNBC's 'Squawk Box' that he is bullish on oil and expects prices could rally another $20 to $25 per barrel, according to CNBC. The comments were reported by CNBC under the headline that the rally could be driven by the Iran conflict.
Jones's oil view was one of several topics in the interview. He also discussed the latest market trends, his 2027 outlook, the state of the AI boom, AI safety concerns, the impact of the Middle East conflict, and growing U.S. federal debt. The CNBC segment is listed at roughly five minutes and 52 seconds in length.
The oil call is central to his current market positioning as described in the interview. Publisher context also references earlier Jones commentary on the AI rally, in which he suggested the bull market could have 'another year or two to run.' Those remarks are from a prior appearance and are not presented here as part of the October 2026 discussion.
Further details such as specific price levels, time horizons for the oil forecast, or position sizing were not available in the source material reviewed.
Jones's oil view was one of several topics in the interview. He also discussed the latest market trends, his 2027 outlook, the state of the AI boom, AI safety concerns, the impact of the Middle East conflict, and growing U.S. federal debt. The CNBC segment is listed at roughly five minutes and 52 seconds in length.
The oil call is central to his current market positioning as described in the interview. Publisher context also references earlier Jones commentary on the AI rally, in which he suggested the bull market could have 'another year or two to run.' Those remarks are from a prior appearance and are not presented here as part of the October 2026 discussion.
Further details such as specific price levels, time horizons for the oil forecast, or position sizing were not available in the source material reviewed.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.