A plan to push up prices of oil production

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Recorded05 Apr 2023

Publisherrss.podplaystudio.com

Handlerec:9175713

Show notes

Oil spiked last summer at around $123 per barrel after Russia’s invasion of Ukraine and its attempt to use energy as an economic weapon. It’s since fallen back quite a bit and stood at $75 last month. Now the plates are back up in the air after the OPEC+ cartel said it would slash oil production by 1 million barrels per day in order to push up prices. Robert Maxwell - Oil analyst joined Joe this morning.

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