Media contributions
1Media contributions
Title Oil prices dive into uncharted waters Degree of recognition National Media name/outlet 2GB 873AM Media type Radio Country/Territory Australia Date 24/04/20 Description Wake Up Australia withe Michael McLaren
Even as major oil-producers have agreed to cut output amid a massive glut, this hasn’t prevented the US oil price falling into negative territory for the first time ever.
Dr Lurion De Mello, Senior Lecturer, Department of Applied Finance at Macquarie University’s Business School, joins Luke Grant to explain how this happened.
‘The extreme event of an actual negative oil price was triggered by speculation as much as by dwindling demand.’URL https://www.2gb.com/podcast/oil-prices-dive-into-uncharted-waters/ Persons Lurion De Mello