Why big global events aren’t impacting the price of oil the way they used to
Since the world climbed out of the worst of the pandemic, the price of oil has been unusually stable. In fact, 2024 marked one of the most stable years for oil prices in decades. The trend has continued into 2025, and that’s despite Donald Trump’s disruptive tariffs, and wars in the Middle East and Ukraine. CBC Calgary’s Rob Brown explains why we’re seeing price stability instead of volatility. (Photo credit: The Canadian Press)