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What's Pushing Up The Price Of Oil?

NPR
Published May 4, 2018 at 1:52 PM EDT
A pumpjack sits on the outskirts of town at dawn in the Permian Basin oil field on January 21, 2016 in the oil town of Midland, Texas. (Spencer Platt/Getty Images)
A pumpjack sits on the outskirts of town at dawn in the Permian Basin oil field on January 21, 2016 in the oil town of Midland, Texas. (Spencer Platt/Getty Images)

The price of oil has been climbing recently, despite record-high U.S. production this year.

Here & Now’s Jeremy Hobson talks to Phil Flynn (@EnergyPhilFlynn), an energy market analyst at Price Futures Group, about what’s causing oil prices to go up.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

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