Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: NYMEX traders discuss high crude oil prices and the potential consequences for the economy.

Source: CNNMoney.com – video report

Date: 04/08/2010

Link: http://money.cnn.com/video/markets/2010/04/08/mkts_oil_traders_nymex.cnnmoney/

Questions for discussion:

  • Explain the arguments presented that favor rising oil prices and arguments for prices heading lower?
  • Which direction do you see oil heading over the next six months?
  • Which stocks trading on the market will be most affected by a significant change in oil prices?

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