Remember all the predictions that we’d soon see $200 a barrel oil? Ahhhh, those were the old days. Oil prices fell below $70 a barrel yesterday for the first time in 14 months. That’s less than half its record high just three months ago. OPEC members have decided to hold an emergency meeting next week in Vienna to figure out how to shore up prices. Guest: Carola Hoyos, chief energy correspondent for the Financial Times
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!