Oil Rises Following Reports The Saudi Arabia & Russia Commit To OPEC+ Production Cuts

Oil (/CL) rises following reports that Saudi Arabia and Russia committed to OPEC+ production cuts. Bob Iaccino discusses this, as well as how the EBC raises rates 50 BPS despite mounting global banking issues. He talks about gauging concerns over a global financial crisis. He then goes over what investors need to be watching as bank fallout continues. Finally, he goes over how Credit Suisse (CS) is to borrow up to $54B from the Swiss National Bank. Tune in to find out more about the stock market today.

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16 Mar 2023

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