Name: OPEC+ Production Cut To Impact Oil Prices
Uploaded: 2022-10-05T17:44:39.379
Duration: 7 min 31 s

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OPEC+ agrees to cut production by 2M barrels per day. "Russia is dependent on oil revenues and they are calling for global economic worries. Saudi Arabia controls crude oil and the OPEC+ decision is directed at the White House and what the Federal Reserve is doing to control inflation. There has been a lot of new crude oil investors buying the dip and I have stayed neutral. I could become bullish at the $75 level," says Bill Baruch.

OPEC+ Production Cut To Impact Oil Prices

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.