Firing over the line

Tuesday 19th November 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABOil increased in price today. At first glance you might assume this was a response to the news that President Biden has authorised the use of US weapons to be fired by Ukraine into Russian territory. But NAB’s Rodrigo Catril says prices really rose in response to the news that the CEO of Liberty Energy - a company focused on fossil fuels - has been nominated as head of the Energy Department. Curious that the prospect of more oil wouldn’t bring prices down. Rodrigo also talks to Phil about European trade and wages data, NZ PSI and PPI numbers from yesterday, US housing and Canadian inflation. And self-drive cars, maybe a step closer. Hosted on Acast. See acast.com/privacy for more information.