Posted by & filed under Economic Analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Personal Finance.

Description: Oil prices tumbled as much as 4% on Friday, extending early losses after President Donald Trump said he told OPEC to take action to temper fuel costs.

Source: CNBC.com – video report

Date: Apr 26, 2019

Link: https://www.cnbc.com/2019/04/26/oil-market-opec-output-rises-us-sanctions-on-iranian-oil-in-focus.html

Questions for discussion:

  • Why did oil prices pull back, according to the report?
  • Explain oil prices and their effect on the economy and stock market.
  • What do you think will happen to oil going forward?

Leave a Reply

Your email address will not be published.