Oil and the price equation - Ninety One

What this episode covers

The oil price was hovering just over $70 per barrel in mid-June, but by early September was just above $90. This sharp and rapid rise has been attributed to a Saudi strategy of removing supply, but the buoyant demand is also crucial as higher prices have not affected the world’s appetite for black gold. Tom Nelson discusses the price equation and implications of the recent rally. Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of Ninety One | The Big Picture?

This episode is 14 minutes long.

When was this Ninety One | The Big Picture episode published?

This episode was published on September 14, 2023.

What is this episode about?

The oil price was hovering just over $70 per barrel in mid-June, but by early September was just above $90. This sharp and rapid rise has been attributed to a Saudi strategy of removing supply, but the buoyant demand is also crucial as higher prices...

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