Rebecca Babin, Senior Energy Trader at CIBC Wealth, and Peter McNally, Global Sector Lead at Third Bridge, discuss the recent weakness in oil prices.
@samwalton4598 on December 7, 2023 1:05 pm The black market is alive and well! The worse the economies in Russia and Iran the more oil gets pumped and ends up on the market. OPEC has been neutered! Essentially!!
@jacobwatson3781 on December 7, 2023 1:34 pm Good news is US producers appear to not want to let up with production.
@Patrick-yh5yd on December 7, 2023 3:00 pm These female "EXPERTS" change their views like they buy new dresses.
@user-jb1lh5uo4m on December 7, 2023 3:12 pm Only two energy providers in the usa oil will go up in February when the usa hits a recession next year like 08
4 Comments
The black market is alive and well! The worse the economies in Russia and Iran the more oil gets pumped and ends up on the market. OPEC has been neutered! Essentially!!
Good news is US producers appear to not want to let up with production.
These female "EXPERTS" change their views like they buy new dresses.
Only two energy providers in the usa oil will go up in February when the usa hits a recession next year like 08