NunyaBidness on Nostr: OPEC+ played themselves. They are keeping the production cuts in place (because Saudi ...
OPEC+ played themselves. They are keeping the production cuts in place (because Saudi Arabia needs the revenue) but hinted . . . HINTED that they might raise production later in the year.
Market response: IMMEDIATELY PRICED IN
Someone really has to sit those guys down and tell them how to not show their hand.
Published at
2024-06-03 21:42:04Event JSON
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"content": "OPEC+ played themselves. They are keeping the production cuts in place (because Saudi Arabia needs the revenue) but hinted . . . HINTED that they might raise production later in the year.\n\nMarket response: IMMEDIATELY PRICED IN\n\nSomeone really has to sit those guys down and tell them how to not show their hand.\n\nhttps://m.primal.net/IXjM.png ",
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