Jan 18, 2022
Global oil prices hit their highest level in more than seven years
Analysts say the crude price spike is due to a shift away from pandemic-induced demand issues to geopolitical supply worries.
PATRICK T. FALLON/AFP via Getty Images
From the BBC World Service: The crude oil price spike is on rising geopolitical risks, with concerns over a Russian invasion of Ukraine and supply disruptions in the United Arab Emirates after a deadly drone attack. Plus, at the virtual Davos summit, Chinese President Xi Jinping defended his common prosperity strategy. And, concerns over China's influence at Sri Lanka's new port city development.
get the podcast
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Jay Siebold
Technical Director
Meredith Garretson Morbey
Senior Producer
Alex Schroeder
Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Redmond Carolipio
Digital Producer
Jesson Duller
Media Producer
Brian Allison
Technical Director
