As the Russian invasion of Ukraine enters its second week, crude oil prices have risen to levels not seen in a decade.
Despite the rise in prices, OPEC and other oil-producing countries said they are sticking with their plan to gradually increase oil production
The price of crude oil is expected to hit more than 120 dollars a barrel this weekend .
The increase is already causing long queues at the pumps in some regions of the world.
So how will governments deal with this energy crisis?

Presenter: Hazem Sika

Guests:

Alex Schindelar - President of Energy Intelligence and Former Editor of Petroleum Intelligence Weekly.

Bjarne Schieldrop - Specialist on European Energy Politics.

Ben Cahill - Senior Fellow at the Energy Security and Climate Change Program at the Center for Strategic and International Studies.

- Follow us on Twitter: https://twitter.com/AJEnglish/
- Find us on Facebook: https://www.facebook.com/aljazeera/
- Check our website: https://www.aljazeera.com/

#Oil #Russia #Ukraine