Latest Breaking News On - Why one bank thinks - Page 1 : comparemela.com

by Tyler Durden By Larry McDonald, author of The Bear Traps Report You have to give pause when you think that the only news in markets that mattered today is OPEC+ and what the next move is by them. We live in a world with growing demand, shrinking supply. ESG matters, climate change, inflation, Iran, etc, mean nothing today in the global crude market.  All people want to know is what OPEC+ is going to do next. So clearly IT is an important issue for the market before we tackle anything else. The sticking point in the talks – the UAE (United Arab Emirates) want a higher baseline after large-scale CAPEX investments in recent years’ production capacity and wants to boost production by 700mbd. On the other hand, the Saudis do not want to offend the Russians and other players by adjusting the UAE baseline.

United statesWhite houseDistrict of columbiaSaudi arabiaUnited arab emiratesCity ofUnited kingdomLarry mcdonaldWhy one bank thinksEnergy fundMacro fundBear trapsSummer drivingOne bank thinksஒன்றுபட்டது மாநிலங்களில்வெள்ளை வீடு