Oil Price Collapses: Is This The End Of OPEC? | Doomberg

Sign up for an IRA with iTrust today using this link: https://itrust.capital/David Doomberg analyzes recent oil price trends, geopolitical factors for the energy sector, and how OPEC's days are numbered. Watch the last interview with Doomberg and Paul Sankey: https://youtu.be/X-KEp852VsA?si=8gsg9FifZd7UB6rr *This video was recorded on September 6, 2024 Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW DOOMBERG: Website: https://doomberg.com/ Substack: https://doomberg.substack.com/ FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Oil price recap 5:39 - Election and oil 10:50 - Peak oil 15:34 - Inflation-adjusted oil price 16:49 - OPEC's next moves 19:00 - U.S. oil tax revenues 21:18 - Oil and the labor market 24:10 - Recession and the Fed 25:51 - Russian and India alliance 35:00 - Israel and Hamas war 42:30 - What oil price is signalling 43:45 - How OPEC ends #oil #investing #economy