OPEC is very clearly defending a floor with surprise output cut: Energy Aspects

Amrita Sen, co-founder and director of research at Energy Aspects, discusses OPEC's output cut and says it is not a "set in stone" decision for the rest of the year.

[mihir]

She’s back as soon as it looks like crude will bounce back 😂

[James-hqvy]

If APPLE can charge $1590 for damn phone then OPEC+ can charge $100 a barrel for oil. Nothing wrong

[eymeeraosaka]

OPEC+ is merely responding to the G7 and US pushing down the price with their oil price cap and US Strategic Petroleum Reserve. If the G7 can succeed in its oil price cap, then OPEC+ is finished...So the battle continues because this is the second time OPEC+ cuts production...

[godzillamothra]

there goes the fed fight against inflation

[williamwallace]

shes genuinely incompetent. gets the direction and scale of moves totally wrong every time

[SamEbby]

This woman is always wrong. She predicted $200 oil a year ago when oil was $100 Its $65 now lmaoo

[ds-kjfq]

have never seen this in my life it seems as if a loy of countries, and organazions are working agains the us when will this stop

[fatmanslim]

anyone who wants to gamble with oil right now better be sure they have a very strong stomach. Cause this shit could go south on a dime, and you can lose 50% of your investment within a week.