What’s Going on With Oil Prices?

  • Date: 16-Mar-2020
  • Source: The Motley Fool
  • Sector:Oil & Gas
  • Country:GCC
  • Who else needs to know?

What’s Going on With Oil Prices?

We take a closer look at the oil economy and what's driving the recent nosedive in oil prices.. In this episode of Industry Focus: Energy , The Motley Fool's Nick Sciple speaks with contributor Jason Hall about oil prices.. We'll be diving into what's all the craziness that's going on in the oil market over the past week.. And I think that's a big thing right now, because there are so many people that all they're doing is they're checking a couple of emails from work and then they're freaking out and they flip over to Yahoo!. And then next thing you know, you look at your account and you sold out and the market is above where you sold and you didn't even realize it.. Thinking about things historically, you want to avoid acting just on your impulse because your better nature is telling you, "I gotta get out of this before it gets worse.". Sciple: Yeah, I'll tell you, personally how I'm trying to approach things in my portfolio is really to go back to those first principles.. And think about that business when you bought it last year or five years ago or six months ago