EPISODE · Apr 30, 2026 · 8 MIN
Oil prices on a rollercoaster ride
from World Business Report · host BBC World Service
The price of Brent crude hit a four year high on Thursday before falling back. Markets were reacting to comments from President Trump about maintaining Strait of Hormuz blockade.Gulf oil producers are running out of storage space for oil production, as exports remain restricted.And Saudi Arabia is pulling its funding of the LIV golf tour, after investing around six billion dollars since 2021.
What this episode covers
The price of Brent crude hit a four year high on Thursday before falling back. Markets were reacting to comments from President Trump about maintaining Strait of Hormuz blockade.Gulf oil producers are running out of storage space for oil production, as exports remain restricted.And Saudi Arabia is pulling its funding of the LIV golf tour, after investing around six billion dollars since 2021.
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Oil prices on a rollercoaster ride
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