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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.

Episode metadata supplied by the publisher feed · Published Apr 30, 2026

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Oil prices on a rollercoaster ride

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