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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Oil is all about Russia Quick mentions: AMD, F Eli Lilly reports Thursday 1. Oil is all about Russia U.S. oil prices, as measured by West Texas Intermediate crude futures , dropped another 3% on Wednesday, nearing the $90-per-barrel level. WTI hit 13-year highs in March, trading above $130 per barrel, after Russia invaded Ukraine. Despite the recent declines, we are still keen on our oil stocks as they are returning tons of excess cash to shareholders. Club holding Pioneer Natural Resources (PXD) reported a great quarter after the closing…
Source cnbc.com
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