U.S. Markets open in 4 hrs 59 mins

Any spike in oil prices won't last—the US is awash with crude: NYSE trader

Alan Valdes, Director of Floor Operations at Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the recent price rise in crude oil as tensions are flaring in the Middle East over the vote for Kurd independence.