3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP491: Macro and the Energy Market w/ Lyn Alden

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

OPEC Plus

OPEC Plus is a castle of all producing countries, including Russia and Saudi Arabia. The group recently cut productions by 2 million barrels per day. It seems like the members want a floor under the price of all between 8 to 100 compared to 70 to 80 per barrel before COVID.

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