Oil higher for longer – Sound Economies with Mel & Peter, 7 May 2026
The Asian Development Bank advises governments to wind down blanket subsidies even as oil prices stay elevated, citing the preserve keep fiscal buffers beyond this crisis. This episode also looks at trade ties between Japan and Latin America, rising US Treasury yields, and Germany’s new growth plan.
(00:00) – Episode rundown
(00:16) – Intro
(00:44) – Quick updates
(03:43) – Japan diversifying trade to Latin America
(09:18) – ADB’s advice to governments amidst sustained, high oil prices
(16:30) – Poll: Oil price outlook
(16:50) – Trivia: Where do Chinese jumbos go?
(20:06) – Record-high US 10-year Treasury yields
(24:29) – German government’s new attempt at growth
(26:41) – Our global outlook
“Sound Economies with Mel & Peter” is a weekly podcast where our founding CEO Peter Lundgreen and Manila-based Chief Economist for Southeast Asia and China Mel Lopez discuss what’s happening in economies around the world and their views of the global financial markets.
Tune in to this episode on Spotify, YouTube, and wherever you listen to podcasts.
