MSNBC MSNBC Reports June 4, 2024 16:55:00
Announcing going forward with plans to reduce oil production. so far, we aren't feeling it. should we brace for things to change? >> it's a cat and mouse game. we have had demand. there was opec not thrilled with biden's release. it boils down to china and demand and people we know from the summer peak vacation driving season curtailed plans. you are seeing that now. a lot of traders were worried about a harsh winter in europe and the united states pulling up demand for natural gas, heating oil, the btu in general. that has not come to pass yet. it is on the margin good news. to the extent it ...
Source: archive.org