The Price Of Oil by NPR
In the first episode of our oil series, we bought oil — and we paid $40 a barrel.
DG Value Adds 23.7% In 2020, Plans New SPAC Fund
Dov Gertzulin's DG Value Funds returned approximately 19.2% in the quarter ending December 31, 2020, according to a copy of the hedge fund's full-year 2020 letter to investors, a copy of which ValueWalk has been able to review. Following the fourth-quarter performance, DG's flagship value strategy ended 2020 with a positive return of 23.7%. That 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.
Music: “Garage Soul” and “Further Down The Road.” Find us: Twitter/ Facebook.
