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77: Explaining a Historic Oil Bust

77: Explaining a Historic Oil Bust

FromThe Readback


77: Explaining a Historic Oil Bust

FromThe Readback

ratings:
Length:
14 minutes
Released:
Apr 16, 2020
Format:
Podcast episode

Description

As most of the world hunkers down at home, the need for energy has tumbled. The numbers are dramatic: Oil prices are down 66% from a year ago. In the U.S., demand for gasoline is the lowest it's been since 1968, and the average price at the pump is now just $1.86. But instead of helping consumers, the lower prices are imperiling the entire economy. Alex Eule is joined by Avi Salzman, who covers energy for Barron's. Produced by Katie Ferguson and Mette Lützhøft.
Released:
Apr 16, 2020
Format:
Podcast episode

Titles in the series (97)

In 15 minutes, we take you inside a Barron's story, exposing the forces that shape investing today - and how it impacts your portfolio.