COVID-19 lockdowns have taken a major swipe at the dominance of oil…as the worth of a barrel of U.S. oil tumbled to less than nothing. That's the first time in history that the price has turned negative. So, what does that mean exactly - and how did it happen?
To explain it all, we talk to CBC News national business correspondent, Peter Armstrong.
Jun 2016
Energy: Is This a Good Time to Buy Into the Beaten-Up Brazilian Oil?
Tune in to hear why Petrobras and Vale, two Brazilian energy companies that seem to be bottoming out, might not be worth the potential upside amidst seemingly endless corruption scandals. Also, our analysts look at the most important points from OPEC’s meeting this week, and why ... Show More
18m 38s
Feb 2024
How Surging US Oil Output Is Being Moved and Stored
US oil production has surged to an all-time record of more than 13 million barrels produced per day. But where's all that crude actually going? And how is it being handled and stored? On this episode, we speak with Steven Barsamian, chief operating officer at the Tank Tiger, a cl ... Show More
41m 34s