Negative Oil Prices ‘a Huge Red Flag,’ CIBC Private WM Says

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Apr.20 — Rebecca Babin, senior energy trader at CIBC Private Wealth Management, discusses oil prices and demand. Oil rebounded in early Asian trading after plunging below zero for the first time in history as the U.S. benchmark’s May contract entered its final trading session. Babin speaks with Haidi Stroud-Watts and Shery Ahn on “Bloomberg Daybreak: Australia.”


In This Story: Australia

Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.

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