Tag: New York Mercantile Exchange
Posted in News
How Can Oil Be Worth Less Than Zero?
phillynews215 11/12/2023
Dan Dicker traded oil futures for 25 years on the NYSE. He explains how COVID-19 created a perfect storm for oil markets, and why it still doesn’t make green energy inevitable. Producer:Steve Horn Director/Video Editor:…
Posted in News
As Oil Price Plummets, Call to Nationalize Industry Rises
phillynews215 11/10/2023
The price of oil dropped below zero, prompting new subsidies from the Federal Reserve. Progressive voices in the U.S. and Canada have a different idea: nationalization as a way to wind down the sector, tackle…