Amrith Ramkumar
speaker
860 appearances
16 recordings
1 series
first heard May 2018
last heard Sep 2021
Amrith Ramkumar’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
Right now, Saudi Arabia is trying to calm markets by saying it's getting production back to normal, and that's why we're seeing oil prices come back down.
voice-verified
So that could mitigate some of this, but there's a lot of uncertainty again, so it's really worth watching what happens.
voice-verified
I would say there's not necessarily an easy answer to that because it really depends on the magnitude of the shock and the reaction we see in the futures markets again.
voice-verified
So with this one, there is almost no lag and prices went up with one of their biggest rises we've seen in recent years, like you were saying.
voice-verified
$0.07 on the national average to a little above $2.65 a gallon.
voice-verified
So sometimes it can take days, sometimes it can take longer than that, depending on the magnitude again.
voice-verified
And the oil market continues changing, like we've been saying.
voice-verified
So with the U.S.
voice-verified
trying to export more, but a lot of bottlenecks, like there is plentiful supply here in some cases, but other parts of the country are struggling to get that.
voice-verified
Again, it's a really complicated, interconnected system.
voice-verified
So it's not just easy to say that the U.S.
voice-verified
is pumping it out, so it's fine.
voice-verified
Like, there are all these questions still moving forward.
voice-verified
Yes, that is usually what happens depending on how much they interact with global crude flows.
voice-verified
So in the West Coast, for example, it could be much different than the East Coast.
voice-verified
And obviously, like near Texas and New Mexico, those prolific regions, those gas prices tend to be much lower.
voice-verified
And again, I want to emphasize this is a global phenomenon and a lot of people are focusing on the impacts to Asia because that's, again, where most of the Saudi Arabian crude goes.
voice-verified
And some countries like Japan and China and Korea, they count on specific types of crude.
voice-verified
Showing 361–380 of 860 · page 19 of 43
← Previous
Next →