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hello, i m sally bundock. it all sounds a bit fishy, we will get to that a little later stop. let s get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. with tensions on the ukraine russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. today, the members of the oil cartel opec and other oil producers, will meet. so will they change their decision making on oil production? and what pressure are they under as well. as you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it won t be long before it hits $100 a barrel. well, there are three main reasons. firstly, there s now growing optimism about the speed at which the global economic will recover from the coronavirus pandemi ....
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