The Price Of Oil by NPR
In the first episode of our oil series, we bought oil — and we paid $40 a barrel.
A decade ago, no one talked about tail risk hedge funds, which were a minuscule niche of the market. However, today many large investors, including pension funds and other institutions, have mandates that require the inclusion of tail risk protection. In a recent interview with ValueWalk, Kris Sidial of tail risk fund Ambrus Group, a Read More
A few weeks earlier, the price of that same oil would have been about 25 percent more. A few weeks from now, it might be 25 percent lower. Oil is just that volatile. But why?
Today, we try to figure out who really sets the price of oil? We go from an oil well in Kansas to the Chicago Mercantile Exchange. We even manage to talk to an actual oil speculator.
This is episode two of five.