The Officials with Jorge Montepeque: Squeeze Time | S1 E13

In this podcast episode, the hosts explore the complex dynamics of the global oil market. They discuss concerns raised by Saudi officials about fluctuations in benchmark prices and how geopolitical events affect oil costs. The conversation also touches on the growing significance of gold amid rising global debt. The speakers analyze the struggling European economy and its potential impact on oil demand, particularly as China shifts towards electric vehicles. They wrap up by examining the contrast between falling profits for oil companies and increasing benchmark pricing costs, encouraging listeners to reflect on how these elements connect and shape the wider economic landscape.