Why Global Oil Prices are Skyrocketing? Is it OPEC, Russia or China's Consumption???

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Since the beginning of oil production, energy & geopolitics have been intertwined! We recall the first oil shock linked to the embargo decreed by OPEC in 1973. Today, oil prices around the world are higher than ever. In this video, we answer the following questions:
1) Why are global oil pieces high?
2) What is the reason behind this increase in prices?
3) Is Supply/Demand or Geopolitics have anything to do with this price increase?
4) How this may impact you?

One thing is sure: Oil prices have crept higher in the US -- adding to inflationary pressures gripping the economy. What’s next is anyone’s guess!!!

Link to articles:
Why Are Natural Gas Prices High? Because Fracking Isn’t Really Profitable:
https://www.barrons.com/articles/why-...

Oil prices top $79 for the first time since 2014 after OPEC rejects calls for more output:
https://edition.cnn.com/2021/10/05/in...

Links to my books: https://www.amazon.com/David-S.-Ouala...

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