Description: The two-year COVID crisis put many markets on a wild ride—just look at U.S. treasuries—but few have had a crazier time than crude oil: from total collapse in 2020 to the brink of US$100 a barrel today.

Source: BNNBloomberg.ca – video report

Date: Feb 17, 2022

Link: https://www.bnnbloomberg.ca/oil-s-spectacular-covid-crash-set-the-world-up-for-us-100-crude-1.1724555

Questions for discussion:

• Summarize the key points made about oil prices and the predictions for the future.
• Where do you envision oil and other energy prices over the next year or so? Explain your thinking.