The OPEC+ oil cartel may not ramp up oil production enough to offset the loss of Russian supply that has sent crude above $100 a barrel, according to Javier Blas. Blas, the co-author of “The World For Sale: Money, Power, and the Traders Who Barter the Earth’s Resources” and a Bloomberg Opinion columnist, joined this week’s “What Goes Up” podcast to discuss the global energy supply shock. One highlight of the conversation: “Putin has been talking to Mohammed bin Salman, who is the crown prince of Saudi Arabia. And they have been talking about energy and energy cooperation. So I think that OPEC may not come to the rescue this time, just because they're just working with the Russians.”

<p>The OPEC+ oil cartel may not ramp up oil production enough to offset the loss of Russian supply that has sent crude above $100 a barrel, according to Javier Blas. Blas, the co-author of “The World For Sale: Money, Power, and the Traders Who Barter the Earth’s Resources” and a Bloomberg Opinion columnist, joined this week’s “What Goes Up” podcast to discuss the global energy supply shock. One highlight of the conversation: “Putin has been talking to Mohammed bin Salman, who is the crown prince of Saudi Arabia. And they have been talking about energy and energy cooperation. So I think that OPEC may not come to the rescue this time, just because they're just working with the Russians.”</p>

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets.

What Goes Up

Will OPEC Ride to the Rescue?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ee14b857-e65b-4770-abab-ae55006be5de/transcript

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