BBCNEWS Talking Business June 4, 2024 22:35:00
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 drastically coming off either. and you and i right ...