FT News Briefing

US oil is keeping Opec on its toes

The EU is set to pave the way for completely ending gas imports from Russia and Belarus, and a record supply of oil from the US is complicating Opec+ maths. Plus, the FT’s Jennifer Hughes explains why the price of gold and bitcoin are both booming in the same week.   Mentioned in this podcast:<a href="https://on.ft.com/3t6tjZs" rel="noopener noreferrer" target="_blank">EU paves way for total ban on Russian gas imports</a><a href="https://on.ft.com/486cdJT" rel="noopener noreferrer" target="_blank">Oil market caught by surprise as US output surges</a><a href="https://on.ft.com/3Ng9lCr" rel="noopener noreferrer" target="_blank">Gold price hits all-time high as traders bet on interest rate cuts</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Michela Tindera, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. <a href="https://www.ft.com/content/8990e323-a637-4996-a14e-7df2b7812eaf" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.