FidelityConnects

Oil shock: What does it mean for markets? - Joe Overdevest and Darren Lekkerkerker

April 29, 2020

Joe Overdevest and Darren Lekkerkerker, portfolio managers of Fidelity Global Natural Resources Fund take an in-depth look at the global oil market in turmoil, its significance for investors and potential opportunities. Joe and Darren share an optimistic perspective on the recent negative WTI pricing. The broader implications of the negative pricing for equities markets and other commodities futures markets has created opportunities for the two portfolio managers to find new positions at a cheap price.

Recorded on April 24, 2020.

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