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Transcripts For CNBC Squawk On The Street 20240622

Low. Shake shack and tesla both getting slapped with downgrades. Star bucks raising prices but coffee addicts keep chucking. Well talk about why. First up it is the sign of a resilient u. S. Stock market. Eurozone officials are meeting today pushing for new reform proposes from the greek Prime Minister. Banks and stock markets remain closed. Pictures of people waiting outside the banks. Pensioners trying to withdraw some money. There is a sense, has tsipras built Political Capital post referendum in. I think that merkel is making a stand. Theres really good articles today about how merkel has emerged as being pretty much a dictator. And the wall street journal writing a story this morning about germanys rise in power over the last eight years. Its going to make it so it doesnt look good for tsipras. This dollar being strong earnings season starts tomorrow carl. Cut numbers, cut numbers, youre going to have to cut number for every international company. This is im very uncomfortable wit

US oil production will keep booming in 2024, setting up a possible showdown with Saudi Arabia

US oil production will keep booming in 2024, setting up a possible showdown with Saudi Arabia
peakoil.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peakoil.com Daily Mail and Mail on Sunday newspapers.

India-UK FTA: How OPEC+ saw its hold on global oil markets fray despite extra production cuts, ET Auto

India-UK FTA: Crude traders have shrugged off the Nov. 30 pledge from Saudi Arabia and its allies to slash supplies by a further 900,000 barrels a day, remaining skeptical of its implementation. Despite the group’s multiple attempts to shore up sentiment in the past week, prices have crashed 11% to a five-month low.

How OPEC+ saw its hold on global oil markets fray despite extra production cuts

RIYADH (BLOOMBERG) – The OPEC+ coalition’s grip on global oil markets is looking less secure by the day. Crude traders have shrugged off the November 30 pledge from Saudi Arabia and its allies to slash supplies by a further 900,000 barrels a day, remaining skeptical of its implementation. Despite the group’s multiple attempts to shore […]

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