What's in store for Canadian oil?

The "perfect storm for prices" put producers in a bind - but there's a way out, says Fiera Capital's Candice Bangsund 

Ruth Saldanha 27 April, 2020 | 1:28AM

 

 

Editor's note: Read the latest on how the coronavirus is rattling the markets and what you can do to navigate it.

Ruth Saldanha:
Oil has had a whirlwind couple of weeks with wild swings both on the upside and definitely on the downside. In fact, in May, the futures contract for West Texas intermediate crude stepped into negative territory for the first time ever because of vanished demand and supply constraints. What does all of this mean for Canadian oil? Candice Bangsund Vice President and Portfolio Manager Fiera Capital is here today to share her point of view.

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Ruth Saldanha

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca

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