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
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.