What the collapse of crude prices means for the oil market

Apr 27, 2020 | Alex Albrecht


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For the first time, the price of West Texas Intermediate on futures markets plunged into negative territory. It’s the market sending oil producers a message: “We’re awash in oil. Please shut in production.” RBC Capital Markets’ Energy Strategist Michael Tran joins us on the podcast to explain what it means for global markets as well as Canadian production.

Click here to listen to the full podcast episode.

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Economy Markets