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BBCNEWS Talking Business June 4, 2024 10:36:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 10:36:00

Just after the ukraine invasion. and now they've fallen quite a bit since then. but we're not quite out of the woods, because oil prices are picking up again. there are a lot of suppliers amongst 0pec who are looking to cut back production. china has come back into the world market and they're consuming more after their post—covid lockdowns. so there are some supply—demand tightness emerging in certain commodities, which means that, yes, prices are lower than they were a year ago, if you like, but they're not drastically coming off either. kona, you and i right now are here in the uk and i...

BBCNEWS Talking Business June 4, 2024 23:35:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 23:35:00

So, commodity prices have actually stabilised a bit. they had peaked out back in the summer of 2022 last year, just after the ukraine invasion. and now they've fallen quite a bit since then. but we're not quite out of the woods, because oil prices are picking up again. there are a lot of suppliers amongst 0pec who are looking to cut back production. china has come back into the world market and they're consuming more after their post—covid lockdowns. so there are some supply—demand tightness emerging in certain commodities, which means that, yes, prices are lower than they were a year ago,...

BBCNEWS Talking Business June 4, 2024 16:36:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 16:36:00

Quite a bit since then. but we're not quite out of the woods because oil prices are picking up again. there are a lot of suppliers amongst 0pec who are looking to cut back production. china has come back into the world market and they're consuming more after their post covid lockdowns. so there are some supply demand tightness emerging in certain commodities, which means that, yes, prices are lower than they were a year ago, if you like, but they're not drastically coming off either. kona, you and i right now are here in the uk and i'm wondering, are there any special factors here in the uk or...

BBCNEWS Talking Business June 4, 2024 10:36:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 10:36:00

Just after the ukrainian invasion. and now they've fallen quite a bit since then. but we're not quite out of the woods because oil prices are picking up again. there are a lot of suppliers amongst 0pec who are looking to cut back production. china has come back into the world market and they're consuming more after their post covid lockdowns. so there are some supply demand tightness emerging in certain commodities, which means that, yes, prices are lower than they were a year ago, if you like, but they're not drastically coming off either. kona, you and i right now are here in the uk and i'm ...

BBCNEWS Talking Business June 4, 2024 23:35:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 23:35:00

Actually stabilised a bit. they had peaked out back in the summer of 2022 last year, just after the ukrainian invasion. and now they've fallen quite a bit since then. but we're not quite out of the woods because oil prices are picking up again. there are a lot of suppliers amongst 0pec who are looking to cut back production. china has come back into the world market and they're consuming more after their post covid lockdowns. so there are some supply demand tightness emerging in certain commodities, which means that, yes, prices are lower than they were a year ago, if you like, but they're not...