Oil price in turmoil – The hot game with black gold

Oil is the lubricant of the world economy. What is driving the price and where is the price of oil headed? We talk to experts about the risks of the investment and how the discussions about climate change are affecting the oil market.

Whe 400 meter container ship “Ever Given” lay across the Suez Canal as a stranded whale. There was no before and no back. And the price of oil falls promptly. What does such an event have to do with how expensive the gasoline is at the gas station? Oil is not just a lubricant, it is also an object of speculation. For large investors, but also increasingly for private investors. A lot of money can be made and lost in the process. But how does that work exactly? And how does oil actually fit into a time when fossil fuels are in such a difficult position?

Inken Schönauer and Antonia Mannweiler talk about this with their guests, the raw materials experts Christian Siedenbiedel, financial editor of the FAZ and Eugen Weinberg, raw materials analyst at Commerzbank. The FAZ podcast finances and real estate is the FAZ’s weekly podcast on the subject of investments. The podcast always appears on Tuesdays. You can find all episodes here.

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