4min chapter

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When Markets Break Episode 3 | Arjun Murti, Former Head of Energy Equity Research, Goldman Sachs

SmarterMarkets™

CHAPTER

What Was Your Experience With Oil Prices in the Summer of 2008?

In 2008, oil prices rose from $20 to 147 a barrel. Arjun Sethi: It felt almost viscerally like something snapped in the summer of 2008. He says it was orderly at first but then kind of went a little crazy during spring and early summer. Sethi: You get too caught up in short term heat of the battle of the bearish guy.

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