Oil Hits $100: What it means for your money
Oil is back above $100 a barrel. What does that mean for inflation, interest rates, stock markets and your finances?
Danni Hewson and Dan Coatsworth discuss the market impact of rising oil prices and what central banks might do next. Commodities expert Adam Rozencwajg explains how Middle East tensions are affecting global oil supplies, where investment opportunities lie, and what the oil industry might do next.
Also in this episode: John Healey's first major speech as Chancellor, rising mortgage rates, falling house prices, job cuts at Jaguar Land Rover, saving for university costs, and a simple guide to valuing shares.
[02:40] Oil tops $100: what's next? [07:12] Inflation and interest rates in focus [15:03] Expert talks oil supply issues [28:35] The UK government’s new growth pitch [32:05] Job losses at big car companies [37:51] UK government borrowing costs surge [40:29] Housing market turns lower [43:23] How the Bank of Mum and Dad are preparing for university bills [50:45] Simple guide to valuing shares