MacroVoices #379 Bill Blain: Inflation, Central Banks, BRICS, Geopolitics, Alternative Assets & more
Macro Voices
00:00
The OPEC Meeting and the United Arab Emirates Allocation
Bill Blaine: OPEC Plus announced that they were going to hold their cuts while Saudi Arabia voluntarily cut an additional 1 million barrels per day. The United Arab Emirates got a bigger allocation inside of OPEC, which represents in effect a concession from Saudi Arabia. We're finally starting to see signs that that plateau that was forming around 12.3 million barrels is starting to break to the upside.
Play episode from 45:49
Transcript
