Oil Prices, the Stock Market and Your Pocketbook
Is the rise in oil prices good for the economy or a sign of impending inflation?
The price of oil has risen to just over $71 dollars a barrel, which is a high point for the year. This is good news for a global commodity that has seen its prices drop by 100 percent in the past three months. But the price increase could hit American's pocketbooks hard. Mark Gregory, international business reporter for our partners the BBC, joins us with his analysis.
Leave a Comment
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. WNYC reserves the right to edit any comments posted on this site. Please read the WNYC.org Comment Guidelines before posting.