Oil, gas and mining

On-point: When will surging oil prices finally be tamed?



브렌트유 이어 WTI도 배럴당 90달러 돌파 “공급부족 우려”

The U.S. benchmark, WTI, rose above 90 dollars to a fresh high for the year on Thursday.
And the world benchmark, Brent crude, also hit a ten-month high the previous day.
What’s behind these continuing increases?
We’re joined by Professor Hur Joon-young this morning.

Welcome to the program.

1. First, walk us through the reasons behind the oil price hikes.
What’s driving the soaring prices?
I hear the flood catastrophe in Libya is also a factor.

2. The U.S Consumer Price Index also ticked up to 3-point-7 percent on year last month also because gas prices climbed.
How much higher will the prices go?

3. Saudi Arabia and Russia are expected to extend their oil cuts to the end of the year.
Is there anything that can be done to bring the prices down?
When will the rising prices be tamed?

4. The U.S. central bank’s fight against inflation will be trickier if oil prices continue that upward trend.
Is that so? Will surging oil prices be a variable to consider at the next FOMC meeting next week?

Thank you so much for your insight this morning.
Have a good day.

#WTI #West_Texas_Intermediate #Brent_crude #oil_price #oil_production #energy_source #crude #petroleum #inflation #economy #유가 #석유 #경제 #Arirang_News #아리랑뉴스

📣 Facebook : https://www.facebook.com/arirangtvnews
📣 Twitter : https://twitter.com/arirangtvnews
📣 Homepage : https://arirang.com/

2023-09-15, 09:00 (KST)

Write A Comment

Share via