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With news of oil prices (CL=F, BZ=F) spiking following new Russian sanctions, Stocks in Translation looks back on The Energy Word founder and veteran oil trader Daniel Dicker’s remarks on the evolution of this particular energy trade. Dicker joined host Jared Blikre to break down how how oil went from being controlled by a small group of major producers (the “Seven Sisters”) to being determined through open-market trading in the futures markets.
Check out their full conversation here.
Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio. You can find more episodes here, or watch on your favorite streaming service.
This post was written by Lauren Pokedoff