10 min listen
Any OPEC+ Production Cut Is Significant Globally
FromSchwab Network
ratings:
Length:
13 minutes
Released:
Oct 5, 2022
Format:
Podcast episode
Description
WTI crude oil price is above $87 as OPEC+ considers production cuts for the first time since the pandemic. "Russia will be attending this meeting. Collectively OPEC+ brings in 30% to 40% of total oil production globally. Should Europe and the United States experience a recession, OPEC+ will need to decide how they will address energy demand," says Kurt Nelson.
Released:
Oct 5, 2022
Format:
Podcast episode
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