Oil Prices: Ukraine War, OPEC+, and Economic Optimism

Oil prices jump as OPEC Plus disappoints, but a potential flood of Iraqi crude looms! This episode breaks down the complex forces driving energy markets: from Ukrainian attacks on Russian refineries and surprisingly low OPEC production increases, to rising U.S. crude inventories and a possible surge in supply from Iraq. Discover why gasoline and diesel supplies are shrinking, how economic optimism is fueling demand, and what factors could send oil prices soaring or plummeting next. Hosted on Acast. See acast.com/privacy for more information.