Podcasts Real Vision Daily Briefing: Finance & Investing OPEC Set to Boost Oil Production as Unemployment Applications Fall

Episode Summary

Jul 02 2021 . 36 MIN
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OPEC Set to Boost Oil Production as Unemployment Applications Fall

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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Ash Bennington headshot

Ash Bennington

Maggie Lake headshot

Maggie Lake

Raoul Pal headshot

Raoul Pal

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