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

Description: When Russian tanks and troops rolled into Ukraine one year ago, it was no shock that crude prices spiked above US$100 per barrel for the first time since 2014. With Russia controlling 10 per cent of the world’s crude oil supply, many observers in the early days of the conflict predicted the war and Western sanctions against Russia could disrupt energy markets for years to come.

Source: CNNBloomberg.com – video report

Date: Feb 23, 2023

Link: https://www.bnnbloomberg.ca/ukraine-war-shook-up-markets-but-much-stays-the-same-for-canadian-oil-and-gas-1.1887984

Questions for discussion:

  • What does the report say about the global energy market and the Canadian portion?
  • Is now a time for investors to buy, sell, or hold Canadian energy equities, in your opinion?

Leave a Reply