Advertisement

A plan to push up prices of oil production

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.

Share this article

05.45 5 Apr 2023


A plan to push up prices of oil production



Share this article

05.45 5 Apr 2023


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.


Read more about

Breakfast Business

Related Episodes

The Making of Nirvana’s ‘Never...

00:10:22

The Making of Nirvana’s ‘Nevermind’

Lunchtime Live Highlights

00:10:22


Should this migrant boat bonfi...

00:15:28

Should this migrant boat bonfire go ahead?

Lunchtime Live Highlights

00:15:28


How to talk to those affected...

00:11:25

How to talk to those affected by misinformation

The Pat Kenny Show Highlights

00:11:25


How to do Stuff: Winning a Nob...

00:11:10

How to do Stuff: Winning a Nobel Peace Prize

The Hard Shoulder Highlights

00:11:10