Planet Finance

Planet Finance does not offer investment tips, nor is it a crusade against bankers or the wealthiest 1%. It simply looks behind the shiny scenes of the big bucks.
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Documentary - Science & Technology


Episode 2: Free Oil

The day the oil futures market dropped below zero. More...

Planet Finance determines the global price for a lot of commodities: grain, gold, and also oil. The demand for oil is perpetual and the price fluctuates constantly. It’s hard to imagine now, but at the start of the COVID pandemic the oil producers couldn’t sell their stuff for love nor money. The world’s oil stores were sitting out at sea in oil tankers, its crews waiting around for the day the price would go up again. There was even one day when a barrel of crude was free for a while! How can markets become this derailed?

Marije Meerman

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