Page 50 - Opec Plus News Today : Breaking News, Live Updates & Top Stories | Vimarsana

chaotic scene that does not stop there. we'll show you the tape and tell you what happens next. >> todd: plus, is dr. fauci trying to rewrite history? >> do you agree there was a push to downplay the lab leak theer sne >> not on my part. >> really? >> really. >> wow. >> i have been very, very clear and said multiple times that i don't think that concept of there being lab leak is's conspiracy theory. >> that is not how i remember it. joni ernst has been demanding answers for what happened in wuhan, what fauci knew. she will react to bloc bust er block buster testimony. >> carley: thi...

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Have two to three cent -- like another hurricane or global event. administration is be shortsighted in particular cases. >> carley: going back to the o opec decision, why they are making that decision right now. theories are saudi arabia wants to boost their economy. others say might be a political aspect to. what do you think about the decision, why now? >> it is only cartel if anybody acts like a cartel and opec members, russia has to fund a war somehow and saudis have ambitious economic agenda and iran and china, a lot of factors

And saudi arabia and it accounts for almost half the world's supply over the last two years. they've been holding back supply. it's like drill baby, drill in reverse, right? they want to prop up prices. >> look at this 6 million barrels per day approximately that's how much they'd been holding back supply. >> those are deep cuts and amounts to 6% of global demand. now, if they did nothing at this week's meeting, a lot of these supply cuts would have actually unwound, meaning more production would have hit the market. they don't want that to happen because that would have lowered prices. so oh,...

Cut some had actually really ramped up supply, then we would see prices go down even more. >> listened java going to pay very close attention to what happens next, because there's some big political implications, right? i mean, $3.04 dollars gas, the difference there could swing some voters in some key battleground state watch what happens over the summer, watch hurricane season, all these things can have an impact thanks, matt, in greatest thanks for joining okay. so a quick turnaround for donald trump over the weekend, he joined tiktok. he previously had tried to ban the app. you'll remember...