HomeMarketsU.S. Economy & JobsOPEC Slashes Production Target
OPEC Slashes Production Target

“What is 100,000 barrels a day really mean right now when they’re nearly 3 million below what their target is?”, Bill Baruch providing his perspective on the recent OPEC+ production cuts that will begin in October. Bill also says that he is currently neutral on Crude due to recent volatility and the fact that traders seem to be conditioned to “buy the dips”. He would like to see a washout in Crude before stepping back into that market.

Futures

06 Sep 2022

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