Bloomberg Daybreak: Asia Edition

Saudi Arabia Defends Oil Cuts, Spotify Slashes 1500 Jobs

Dec 4, 2023
OPEC's decision to cut oil production and Goldman Sachs' projection of aggressive Fed rate cuts are discussed. Global news topics include Mark Zuckerberg's shares sale, Spotify's workforce cut, and China's criticism of the US. Skepticism and challenges in OPEC Plus supply cuts are explored, along with the dynamics of the oil market and the market actions taken by the US and OPEC.
Ask episode
Chapters
Transcript
Episode notes
1
Introduction
00:00 • 3min
2
Global News Topics
03:08 • 7min
3
Skepticism and Challenges in OPEC Plus Supply Cuts
10:09 • 3min
4
The Dynamics of the Oil Market: OPEC, Technology, and Price Outlook
13:39 • 4min
5
Analyzing the Market Actions Taken by the US and OPEC
17:51 • 3min