HomeBusinessEnergy Sector, Oil, & Gas Stock NewsOPEC+ Production Cuts Are Fundamentally Bearish

OPEC+ Production Cuts Are Fundamentally Bearish

OPEC+ production cuts are fundamentally bearish, notes Tamar Essner. She and Ellen Wald discuss the oil and energy sector. They talk about how recent OPEC+ production cuts impact the energy space. Wald highlights that the market isn’t taking OPEC voluntary cuts seriously and there are concerns over Russia caps and Chinese demand, along with increased tensions in the Middle East. They then go over the significance of geopolitical tensions on the energy markets. Tune in to find out more about the stock market today.

Trading 360

04 Dec 2023

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