Keeping an eye on oil prices
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 6 April 2026
⏱️ 9 minutes
🧾️ Download transcript
Summary
The price of crude oil is fluctuating this morning. This comes after oil producers at OPEC+ agreed to slightly increase production over the weekend. We give you the facts. Plus, a preview of Thursday’s GDP revision. Also, “Marketplace Morning Report” host David Brancaccio speaks with the majority owner of a coffee roasting company.
Transcript
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| 0:00.0 | What's a job so perfect for you that the Sunday scurries ahead of the dreaded work week would be a thing of the past? |
| 0:09.3 | I'm David Brancaccio in Los Angeles. First, the price of crude just went from down 1% to now up 1%. |
| 0:16.5 | 112.50 a barrel now, with no clarity on the status of U.S. Iran talks. And this after the oil |
| 0:23.1 | producers' cartel, OPEC plus, agreed over the weekend to slightly increase production to try to |
| 0:28.8 | take the edge off prices. But what is the reality economist Julia Coronado, founder of |
| 0:33.6 | macro policy perspectives? The reality is that the St of Hormuz is closed, and most of |
| 0:39.1 | that production simply is impossible at this moment. And the price of crude is high today in the |
| 0:45.0 | $110 barrel range. Now, on Thursday, we get from the U.S. government a revision of GDP economic |
| 0:52.5 | growth. It's a bit of a history lesson, covers October to December of last year, which seems like a long time ago. |
| 0:59.6 | It does indeed. And in fact, the very next day, we will get the inflation data for March. And that's going to tell us the more forward-looking story, which is the first look where we're going to see the inflation that Americans are having to absorb tied to the war in Iran. |
| 1:16.8 | All right. Well, we'll be here for that. |
| 1:19.0 | So, David, if I may ask you a question, I hear you're leaving this show. |
| 1:24.2 | Yep, after 13 years. What have we been through here? You and I, we did Brexit together, |
| 1:31.5 | meme stocks. I mean, a lot of water under this news bridge, right? Supply chain, inflation and |
| 1:38.8 | pandemic. Tariffs, reverse globalization that we're going through now. |
| 1:45.2 | Yes, and often the resiliency of the U.S. economy surprising us to the upside. |
| 1:52.1 | I'm not leaving, leaving, though, Julia. I'm staying at Marketplace with a new beat to cover future effects, decisions made now that shape our futures, personal finance, |
| 2:02.0 | innovation, and government policy. So you can probably still help me with that. |
| 2:05.0 | Well, I look forward to seeing what you do next, David. It will be an exciting chapter, |
| 2:09.9 | but we will miss you on the morning beat. Thank you very much. But I'm still on the morning beat |
| 2:14.9 | through Friday. Julia Coronado is also a professor at the University of Texas, Austin. |
| 2:19.5 | Thank you. |
... |
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