– TIMESTAMPS –
0:00 Intro
0:58 Context
2:49 What Affects The Price
4:42 Recent Price Shifts
6:29 Impact Of Inflation
8:34 Future
11:37 Outro
~~~~~
π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
The Saudi-led cut has drawn criticism from the Biden administration.
Maggie Lake speaks with Harris Kupperman, Founder & CIO of Praetorian Capital about OPECβs surprise cut and what it says about U.S.-Saudi relations.
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CHAPTERS:
1 Opec’s Surprise Move 00:07
2 An Energy Crisis is Coming and Oil is Going Higher 0:10:10
3 Where’s the Pain Trade? 0:21:53
4 Viewer Questions 0:32:14
Thanks for watching Real Vision Finance!
#OPEC #oil #JoeBiden
About Real Visionβ’:
Real Visionβ’ is where you can gain an understanding of the complex world of finance, business, and the global economy with real in-depth analysis from real experts.
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Disclaimer:
This is pretty obvious, but we should probably say it anyway so there is no confusionβ¦The material in REAL VISION GROUP video programs and publications {collectively referred to as βRV RELEASESβ} is provided for informational purposes only and is NOT investment advice. The information in RV RELEASES has been obtained from sources believed to be reliable, but Real Vision and its contributors, distributors and/or publisher, licensors, and their respective employees, contractors, agents, suppliers, and vendors { collectively, βAffiliated Partiesβ} make no representation or warranty as to the accuracy, timeliness or completeness of the content in RV RELEASES. Any data included in RV RELEASES are illustrative only and not for investment purposes. Any opinion or recommendation expressed in RV RELEASES is subject to change without notice. RV Releases do not recommend, explicitly nor implicitly, nor suggest or recommend any investment strategy. Real Vision Group and its Affiliated Parties disclaim all liability for any loss that may arise (whether direct indirect, consequential, incidental, punitive, or otherwise) from any use of the information in RV RELEASES. Real Vision Group and its Affiliated Parties do not have regard for any individual, group of individuals, or entityβs specific investment objectives, financial situation, or circumstance. RV RELEASES do not express any opinion on the future value of any security, currency, or other investment instruments. You should seek expert financial and other advice regarding the appropriateness of the material discussed or recommended in RV RELEASES and should note that investment values may fall, you may receive less back than originally invested and past performances are not necessarily reflective of future performances. Well, that was pretty intense! We hope you got all of that β now stop reading the small print and go and enjoy Real Vision.
– TIMESTAMPS –
0:00 Intro
0:32 Whatβs Been Implemented?
3:44 Price Cap Implications
6:37 Will a Cap Work?
8:50 EU Embargo
12:27 Oil Price Impacts
15:22 Russia Response
18:16 Final Thoughts
~~~~~~~
π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
This episode is sponsored by Nexo.io, Circle and FTX US.
As inflation rages, the global economy slows, and the U.S. releases more and more oil from its Strategic Petroleum Reserve, OPEC+ has decided to decrease oil output. The move happens in spite of significant pressure from the Biden Administration. NLW discusses what it means for economic prospects as well as for shifting geopolitical alliances.
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I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenterβs mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas.
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βThe Breakdownβ is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is βCountdownβ by Neon Beach. Music behind our sponsors today is βThe Nowβ by Aaron Sprinkle and βThe Life We Hadβ by Moments. Image credit: William_Potter/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
This week Real Visionβs Roger Hirst uses Refinitivβs best-in-class data to look at the recent break out in crude oil prices and the ongoing squeeze in agricultural products. US inflation may have peaked in H1, but that doesnβt mean it will quickly drop back to βnormalβ levels. Furthermore, if it continues to spread from durable goods to essentials such as food and energy, then the Fed may have an even harder job on its hands.
See the full series and access expert data-driven insights and news from Refinitiv: https://refini.tv/2Tq42o2
About Refinitiv: For new insights on artificial intelligence (AI), digitalization, big data, risk management, compliance, fighting financial crime, and the future of trading and investing, visit our insights hub – http://refinitiv.com/perspectives. Refinitiv is one of the worldβs largest providers of financial markets data and infrastructure, serving over 40,000 institutions in approximately 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community β driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk, and fighting financial crime. https://www.refinitiv.com We invite you to join Refinitiv’s social media communities: http://linkedin.com/company/refinitivhttp://twitter.com/refinitivhttp://www.instagram.com/refinitivhttp://www.facebook.com/refinitiv
About Real Visionβ’:
Real Visionβ’ is where you can gain an understanding of the complex world of finance, business, and the global economy with real in-depth analysis from real experts.
Disclaimer:
This is pretty obvious, but we should probably say it anyway so there is no confusionβ¦The material in REAL VISION GROUP video programs and publications {collectively referred to as βRV RELEASESβ} is provided for informational purposes only and is NOT investment advice. The information in RV RELEASES has been obtained from sources believed to be reliable, but Real Vision and its contributors, distributors and/or publisher, licensors, and their respective employees, contractors, agents, suppliers, and vendors { collectively, βAffiliated Partiesβ} make no representation or warranty as to the accuracy, timeliness or completeness of the content in RV RELEASES. Any data included in RV RELEASES are illustrative only and not for investment purposes. Any opinion or recommendation expressed in RV RELEASES is subject to change without notice. RV Releases do not recommend, explicitly nor implicitly, nor suggest or recommend any investment strategy. Real Vision Group and its Affiliated Parties disclaim all liability for any loss that may arise (whether direct indirect, consequential, incidental, punitive or otherwise) from any use of the information in RV RELEASES. Real Vision Group and its Affiliated Parties do not have regard for any individualβs, group of individualsβ or entityβs specific investment objectives, financial situation, or circumstance. RV RELEASES do not express any opinion on the future value of any security, currency, or other investment instruments. You should seek expert financial and other advice regarding the appropriateness of the material discussed or recommended in RV RELEASES and should note that investment values may fall, you may receive less back than originally invested and past performances are not necessarily reflective of future performances. Well, that was pretty intense! We hope you got all of that β now stop reading the small print and go and enjoy Real Vision.
