Why Are Oil Prices Going Up?

03:41

May 17, 2016

A sign shows gas prices nearing $5 a gallon for regular unleaded at a Shell service station on March 5, 2012 in Los Angeles, California. According to AAA the average price of regular unleaded gasoline climbed three-tenths of a cent nationwide as a result of high oil prices and tensions tied to Iran's nuclear program. (Kevork Djansezian/Getty Images)

Oil prices hit a six-month high yesterday and could reach $50 a barrel for the first time since November. For the past two years, the global demand for oil has been less than supply, but that may be changing. Here & Now’s Robin Young speaks with Jason Bellini of The Wall Street Journal.

Guest

Jason Bellini, senior producer, The Wall Street Journal. He tweets @jasonbellini.

This segment aired on May 17, 2016.