Oil prices are down, but when might you see the effects at the pump?
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We check in with the latest movement on the oil markets with Fernando Valle, senior energy analyst at Bloomberg Intelligence, after oil markets displayed some volatility earlier this week. Sticking with oil, we break down some of the dynamics behind why Iran and other countries have been forced to sell at lower prices. We also examine how long the spending trend of services over goods can hold up.
Segments From this episode
What is going on with the oil markets?
Fernando Valle, senior energy analyst at Bloomberg Intelligence, helps us make sense of it.
David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Jay Siebold Technical Director
Jesson Duller Media Producer
Meredith Garretson Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Ariana Rosas Producer/Director
Jarrett Dang Production Assistant