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Episode details

World Service,21 Nov 2022,26 mins

Rollercoaster day at the global oil market

World Business Report

Available for over a year

Global oil prices staged a comeback from 10-month lows today caused by conflicting reports that oil cartel OPEC+ is considering a 500,000bpd output hike. The Saudis denied the reports. South Africa's troubled energy utility company Eskom, says it has run out of cash to buy diesel. The country has been grappling with months of severe power cuts which are hurting businesses and the economy. Is the boomerang CEO good for business? Bob Iger's shock return to Disney less than a year after he retired sparks a conversation. (Picture: Oil platform at sea at sunset. Credit: Getty Images.)

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