Carrington Clark
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Appearances Over Time
Podcast Appearances
I'm Carrington Clark, and this is your source to stay on top of the numbers behind the ongoing energy crisis.
It's Friday, May the 1st.
We're recording mid-morning.
Let's have a look at the latest figures.
The price of Brent crude has now fallen to $110 a barrel since we last checked in on Wednesday.
The national average price of unleaded has risen by $0.01 to $1.88 per litre.
And the national average price of diesel has also risen by $0.01
Today, I'm joined by Alan Kohler to dig into today's major energy headlines.
Good morning, Carrington.
Alan, it actually feels like an age since we last spoke, but it's only two days, but so much has happened since that time.
We did see this extraordinary spike in the price of Brent crude.
It hit $126 a barrel, the highest level in
in years, and that seemed to be because of Donald Trump receiving new plans, new military plans that people saw as a sign that perhaps we would see a reactivation of live conflict between the US and Iran.
We have now seen it come down again to about $110 US a barrel.
What's your analysis and read of the situation?
One of the interesting potential deadlines might be Donald Trump's trip to China, which is coming up in two weeks.
Obviously, China, a huge customer for Iranian oil, oil from the Persian Gulf.