What Do Higher Oil Prices Mean For Markets

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

06-Oct-22 07:00

What Do Higher Oil Prices Mean For Markets

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OPEC+'s decision to cut production at 2 million barrels, the highest since 2020 has caused oil prices to surge. What are the repercussions to the fragile economic recovery and markets? Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank, tells us.

Produced by: Michael Gong

Presented by: Shazana Mokhtar, Wong Shou Ning

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Categories: markets

Tags: fragile economic, oil prices, price hike, opec+, economic recovery, market recovery,

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