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OPEC Set to Boost Oil Production as Unemployment Applications Fall

OPEC Set to Boost Oil Production as Unemployment Applications Fall

Jack Farley, Samuel Burke, and Weston Nakamura discuss the decline in U.S. jobless claims & surging oil prices as OPEC agrees to increase production.

Real Vision: Finance & Investing · Real Vision Podcast Network

July 2, 202139m 10s

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Show Notes

DB-Jul01,2021 :Real Vision’s Jack Farley welcomes Samuel Burke, managing editor, and Weston Nakamura to discuss the decline in U.S. jobless claims and surging oil prices as OPEC agrees to increase production. The trio covers the economic recovery as jobless claims decline and advanced unemployment benefits expire. Additionally, they explain the implications of OPEC’s decision to increase production starting in August as oil prices spike due to demand from wealthy countries. Burke and Farley continue to follow the delta variant as new countries institute travel restrictions to prevent the spread.

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