EBOB is Dead? S5 | Ep 41

In the latest developments in the global oil market, bearish sentiment has taken hold as OPEC cuts clash with the surge in non-OPEC production (notably from the United States and Guyana). The market is treading cautiously, adopting a risk-off stance as it awaits crucial macroeconomic headlines. Investors are on edge in anticipation of the CPI report on Tuesday and the Federal Reserve meeting scheduled for Wednesday. Brent crude has found stability, settling around the mid-70s, a level deemed ...