Podcasts about production cuts

- Big Layoffs and Production Cuts at Nissan - Mazda's Profits Drop 67% - Daimler Truck Down in the Third Quarter - Lyft Gets New Partners for Autonomous Efforts - Volvo EX30 Finally Coming to the U.S. - EU Likely to Stick to Harder Emission Targets - EU Automakers Pooling Emissions to Avoid Fines - Hyundai Optimistic About Fuel Cell Future - New Mercedes CLA Gets Geely IC Engine - XPeng Offers Tech Chip Updates - Toyota Getting Version of New Suzuki e Vitara

- Big Layoffs and Production Cuts at Nissan - Mazda's Profits Drop 67% - Daimler Truck Down in the Third Quarter - Lyft Gets New Partners for Autonomous Efforts - Volvo EX30 Finally Coming to the U.S. - EU Likely to Stick to Harder Emission Targets - EU Automakers Pooling Emissions to Avoid Fines - Hyundai Optimistic About Fuel Cell Future - New Mercedes CLA Gets Geely IC Engine - XPeng Offers Tech Chip Updates - Toyota Getting Version of New Suzuki e Vitara

September 17, 2024 ~ Dealers are frustrated with the pricing of the Stellantis brands, while the automaker has decided to cut production of the Jeep Gladiator pickup and Wrangler SUV at its Toledo Assembly plant. Guy, Lloyd, and Jamie talk with Detroit News auto & business reporter about Stellantis' battles with the UAW.

Andrew, Ben, and Tom discuss the upcoming ECB rate cut, OPEC+ agrees to extend oil production cuts, Roaring Kitty has a bunch of GME, and the week ahead. For information on how to join the Zoom calls live each morning at 8:30 EST, visithttps://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure

Today on the Daily News You Can Use, Ray and Zach discuss the latest production cuts from Chrysler, Dodge, Jeep and Ram. The auto maker (Stellantis) is responding to growing dealer inventories. Tune in to learn more!

Finally, you can easily access Bitcoin in a low-cost ETF with the VanEck Bitcoin Trust (HODL). Visit https://vaneck.com/HODLFG to learn more. VanEck Bitcoin Trust (HODL) Prospectus: https://vaneck.com/hodlprospectus/ __ Follow Paul Sankey on Twitter https://twitter.com/crudegusher Follow VanEck on Twitter https://twitter.com/vaneck_us Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ Paul Sankey research: https://sankeyresearch.com/ __ Use code FG10 to get 10% off Blockworks' Digital Asset Summit in March: https://blockworks.co/event/digital-asset-summit-2024-london __ Timestamps: (00:00) Introduction (00:55) Oil Market At "Equilibrium" Right Now (08:51) “If It Wasn't For Saudi Production Cuts, Oil Would Be Below 60 Dollars, I'm Sure Of It” (13:03) U.S. Oil Production Has Exploded (18:25) VanEck ad (19:07) The Mergers & Acquisitions (M&A) Cycle Has Begun In Oil (Diamondback-Endeavor Deal) (25:40) Importance Of Inventory Quality (And Quantity) (29:00) Management Issues (32:38) Buybacks and Dividends (35:50) Oil Companies With Strongest (And Weakest) Inventories (38:07) Merger Arb In Deals That Haven't Closed (44:43) How AI Will Impact Power Demand (50:55) About Sankey Research __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

OPEC Production Cuts and Iron Ore Market ImpactHello and welcome back to Freight Up, the number 1 commodities and freight markets podcast from FIS. I'm your host, Fernanda and in this episode of Freight Up, we delve deep into the world of commodities and freight, exploring the latest developments and insights that are shaping the markets. Our guest speakers, Hao and Archie, provide valuable analysis and updates on the iron ore and crude oil markets.Archie shares his expert insights on just what's been going down in the crude oil market throughout Q1 so far, discussing the impacts of geopolitical tensions, production levels, and economic data on oil prices. He also sheds light on the high sulphur East-West contract and its significant movements in the current market.Meanwhile, Hao provides a detailed overview of the iron ore market, highlighting the factors contributing to a bearish sentiment and the potential impact of upcoming events such as the Platts iron ore index and the US Womack conference on market dynamics.Listen to this episode for a comprehensive look at the evolving landscape of commodities and freight, as we 'navigate' through the complexities that are shaping the industry.Timestamps00:00 Crude stockpile slump spurs oil price rise.06:36 High sulphur fuel prices driven by market factors.10:46 Market outlook predicts drop due to oversupply.13:35 Exciting year ahead with currency fluctuations. Potential chaos though!

Carl Quintanilla, Jim Cramer and David Faber discussed all things tech: Record highs for the Nasdaq 100 as well as Nvidia and AMD, Meta to spend billions on Nvidia's AI Chips and Apple begins taking pre-orders for its Vision Pro. See how Carl looks while wearing the headset! The anchors also reacted to Ford's decision to reduce production of its F-150 Lightning truck, in wake of a slowdown in demand for EVs. Also in focus: Spirit not giving up onits court-blocked merger with JetBlue, BofA's market take on Japan, layoffs at Amazon, Macy's and Wayfair. Squawk on the Street Disclaimer

#Ukraine: #Gaza: MOSCOW POV: Putin in Arabia to argue for production cuts.   Professor H.J. Mackinder, International Relations. #FriendsofHistoryDebatingSociety https://www.msn.com/en-us/money/markets/russia-and-saudi-arabia-urge-all-opec-powers-to-join-oil-cuts/ar-AA1l9ylm 1911 Borodino

#Russia: Putin races to the Gulf to plead for OPEC production cuts. Michael Bernstam, Hoover https://www.telegraph.co.uk/world-news/2023/12/06/putin-eau-abu-dhabi-flypast-sanctions-sheikh-mohamed/ 1890

Positive sentiment in freight market as BHP iron ore news dominates headlines! Oh, and OPEC... Welcome back to another episode of Freight Up! in which we're this week discussing the BHP iron ore division strikes. Also, what does this weekend's OPEC meeting have in store for us?   Welcome back to another episode of the "Freight Up!" podcast! In this week's episode, our host Fernanda is joined by guests Hao Pei and Archie to discuss into the latest developments in the fuel market and the impact of the BHP strikes on the iron ore industry. Archie provides insights into the fluctuating fuel market, discussing the recent turbulence in crude prices and the upcoming OPEC meeting. Meanwhile, Hao shares his firsthand experience from the FIS Shanghai seminar and provides an in-depth analysis of the BHP strikes and its potential impact on the market. Also, Fernanda will give us another run down of the market report. Listen as we uncover the implications of all these developments and explore what lies ahead for the freight industry.  Let's get started!   Summary of this episode: Fuel Market - Crude oil prices have been flat and sideways, but experienced a sharp slump last week. - The slump was caused by a poor demand outlook and US stockpile builds. - Market is waiting for the outcome of the OPEC meeting. - Fuel oil complex has been strong, supported by tight supplies, especially in the very low sulfur fuel oil segment. - High sulfur fuel oil market has been stable. Freight Market - Positive sentiment in the freight market, with gains in various vessel sizes. - Panamax and Cape sizes experienced significant increases. - Strong coal demand and rise in demand for mineral cargoes contributed to the positive sentiment. - Iron ore and coal volumes increased. - Rate increases observed in various routes and contracts. BHP Strikes - BHP strikes rumors and concerns have been circulating in the market. - The news of strikes has generated attention, but the actual impact is uncertain. - Talks and discussions on strikes have been ongoing for two years. - Potential consequences include a shortage in iron ore shipments if strikes occur, leading to an increase in prices. - If strikes are avoided and a deal is reached, iron ore prices may correct and enter a downward phase. - Attention needs to be paid to China's stimulus policies and GDP expectations. FIS Shanghai Seminar - The FIS Shanghai Seminar was held with a large number of registered attendees. - Successful networking and cross-commodity discussions took place. - Positive feedback received from attendees regarding the party. - Expectations for increased volume in cross-commodity trades in the future. - Focus on building relationships and expanding knowledge across different commodity sectors.    Here's the link to the FIS live app Timestamped summary of this episode: 01:39 Global demand outlook worsens, stockpiles build up 10:18 Iron ore route to China fixed at $10.55, tight vessel supply in Brazil, Panamax rates rise 26%. 12:36 Supermax paper opens slow, but gains momentum. 15:41 John B happy with FIS party, great feedback. 20:53 Talks on strikes, union condition potentially changed gradually. Friday's campaign, decision about strikes in 10 days. Iron price high due to concerns. 23:02 BHP impact on price; hike expected. Eye on China stimulus.   Also, please, seriously... do follow the show and leave us a review, via our website at freightuppodcast.com

Highlights of the Podcast 00:00 - Intro01:08 - Why are Saudi Arabia and Russia continuing with oil production cuts?07:05 - Western sanctions are failing. Surprise EU imports more Russian gas in China. 09:02 - Irate family called police on Jennifer Granholm's team for blocking charging station spot for her electric car10:58 - Top Climate Scientist Drops Bombshell: Wildfires Caused by WEF Arsonists, Not Global Warming15:19 - BP boss Bernard Looney resigns after failing to reveal relationships 18:31 - IEA September Oil Market Report – As featured on the ENB Daily Show‘Beginning of the end' of fossil fuel era approaching, says IEA21:54 - OutroFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Saudi & Russia Crude Production Cuts, Iron Ore's HUGE spike & new IEA Data... Welcome back to Freight Up! It's the (mostly) weekly podcast from Freight Investor Services - or as we're more affectionately known - FIS.  I'm your host, Fernanda, and today we have a packed episode for you, including "The people's broker, Archie Smith" on the fuel market (and West Ham), and our Commodity Researcher Hao Pei gets to grips with the Ferrous market. So grab a cuppa, sit back, and get ready for an insightful journey into the world of shipping and commodities. Archie on the rising cost of crude Joining us today is Archie, our resident expert, who will be giving us a macro lens view of the fuel market. He explores the affect that the continuing cuts in production from Saudi and Russia are having, and discusses the impact the new IEA data could have on the markets. Iron ore spike We're reunited with Commodity Researcher Hao Pei who gets deep into the ferrous market.  He discusses the recent spike in Iron ore, the key drivers and it's sustainability. He also talks about predictions for this years Q4, and the reasons he thinks it will perform better than recent years. Here's the link to the FIS live app

Oil prices hit a nine-month high, after Saudi Arabia and Russia say production cuts are to continue. It's not good news for consumers or the White House. So, what's behind this move...money or politics or both?  Join Host Laura Kyle Cornelia Meyer - CEO, Meyer Resources. Chris Weafer - Chief Executive Officer, Macro-Advisory. Andrew Lipow - President, Lipow Oil Associates.

RMB's Matete Thulare takes a look at the oil price and Opec+. Philip Short from Flagship Asset Management on the regulatory risks with tobacco and valuation in British American Tobacco. Chris Eddy from 10X Investments on the attractive yields from local bonds and reducing weighting in US equities.

With Labor Day marking the unofficial end of summer, millions of Americans are heading back to school and work this week. Storch Advisors' Gerald Storch and CBRE's Julie Whelan discuss the impact on retail and real estate. Plus, Saudi Arabia and Russia are extending oil production cuts to the end of this year. CIBC Private Wealth's Rebecca Babin explains the outlook for oil prices. And, meme stocks are coming off massive declines during the month of August. Investopedia's Caleb Silver breaks down where retail investors are searching for opportunities.

Highlights of the Podcast00:00 - Intro02:19 - EU purchases of Russian LNG, 40% compared to pre-war levels, new study finds04:40 - Saudi Arabia, Russia extend voluntary oil cuts to year-end, markets jump06:35 - Federal subsidies for EVs could result in economic disaster09:36 - wind developer moves to terminate its contracts off Martha's Vineyard. 11:15 - U.S. Doubles Renewable Subsidies 15.6 billion in the last seven years 13:59 - Texas Land Commissioner Don Buckingham is concerned that a recent push from the U.S.15:25 - OutroFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Good morning; here's what the Oilman has for you today: Saudi Arabia Gets Serious about Production Cuts ConocoPhillips Makes Long-Term LNG Bet Join 9,000+ other readers and get the daily newsletter – sign up here. Follow us on LinkedIn, Twitter, and Facebook. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike updates us on his development adventures in Unreal 5, signs the Vision Pro might be a flop, and answer questions about abandoning Red Hat's platform.

Buy my stuff Come to rebel capitalist live at https://rebelcapitalistlive.comCheck out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/proRebel capitalist merchandise https://www.rebelcapitaliststore.com

In this episode, host Matthew Schnurr is joined by Mackenzie Investments' Lesley Marks, CIO of Equities. Together they discuss OPEC's recent decision to reduce output in July, the impacts this will have on central bank actions, and what this could mean for the S&P 500. At Mackenzie, we want to create a more invested world, partnering with advisors to help investors become more knowledgeable, more educated, and more invested so they can meet their full potential. Learn more at mackenzieinvestments.com.

OPEC oil production cuts could mean higher gas prices in US. Jet fighters scrambled to chase small plane that eventually crashed in VA. China accuses US of ‘provocation' after near collision of warships. Apple releases new VR headset. The threat of AI. Weekend movie box office numbers. Homelessness on the west coast. Allstate the latest insurance company to stop issuing home insurance in California.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/2979118/advertisement

The world's largest oil exporter, Saudi Arabia, will slash production by 1 million barrels per day starting next month. Kpler's Viktor Katona explains the impact on oil prices. Plus, tech continues to outperform the broader markets, with the Nasdaq notching its first 6-week win streak since 2020. Laffer Tengler Investments' Nancy Tengler and Arete Research's Rocco Strauss discuss the sector. And, split positioning within the markets shows just how fragile this year's rally may be. 248 Ventures' Lindsey Bell and CIC Wealth's Malcolm Ethridge weigh in on the trading week ahead.

AP correspondent Charles de Ledesma reports on OPEC-Oil Prices.

OPEC / Russia, production cuts. Japan breaks oil ceiling. The Duran: Episode 1552

Increased volatility, rising prices and strained geopolitical relations. These are some of the side-effects of the latest OPEC+ production cut.  Meanwhile, Platts Market on Close crude assessments fully reflect traders' sharp reaction to the surprise move amid uncertainty in various oil grades. In this episode of the Platts Oil Markets podcast, S&P Global Commodity Insights editors Rosemary Griffin, Sam Angell and Luke Stuart join Joel Hanley to discuss the immediate impact of the OPEC+ announcement, the decision by Russian sellers to change the way they price barrels, and potential threats to an already fragile global oil supply. Join us at MPGC 2023!  The 30th Annual Middle East Petroleum & Gas conference (MPGC) will be brought to you by S&P Global Commodity Insights, along with the host, Emirates National Oil Company (ENOC) on 22-23 May 2023 in Dubai, UAE. Registrations are open! Related Platts price assessments: PCAAS00 - Dated Brent PCAAT00 - Dubai Mo01 (NextGen MOC) Urals FOB Primorsk Urals FOB Novo Afra AAGZS00 - Urals FOB Novo SuezDWCUA00 - Urals DAP West Coast India AAEJD00 - Kirkuk FOB Ceyhan

A reduction in oil output of 1.65 million barrels per day was announced by OPEC+ members on Sunday night. In the face of a global economic slowdown, analysts are debating whether the cartel is acting politically or merely anticipating softer demand.    Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Join the discussion: https://discord.gg/VrKRrfKCz8   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   “The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: by CoinDesk. 

On Sunday night, OPEC+ members announced the cuts ahead of this week's meeting.A reduction in oil output of 1.65 million barrels per day was announced by OPEC+ members on Sunday night. In the face of a global economic slowdown, analysts are debating whether the cartel is acting politically or merely anticipating softer demand. -“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Moe and Jason keep the podcast short this morning and touch on significant OPEC oil production cuts, the recent acquisition of WWE and the deliveries/production mismatch at Tesla. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure

AP correspondent Mimmi Montgomery reports on Saudi Arabia Oil

On this edition of Cruise Control with Fred Staab and Les Jackson Supply chain Problems: Manufacturers delay new models and cut back on production because of parts shortages.   Ford shows the cost-effective off-roader Maverick Tremor.   Why are more and more rats chewing up your vehicle's wiring harness?   Toyota is buying back one of its newest models   Plus are cars from the 1990s becoming the hot ticket when it comes to collectability?   All that and more when we get rolling on Cruise Control Watch Cruise Control live every Saturday at 10 AM Eastern.  Youtube www.youtube.com/user/CruiseControlVideo Facebook www.facebook.com/CRUISECONTROLR

With friends like Joe Biden, who needs enemies? After waging war on fossil fuels in the name of the climate and decimating domestic oil production, FOX News reports that Biden asked the Saudis to delay OPEC's decision to cut production until AFTER the midterms! Wait, is Joe Biden deliberately asking the Saudis to help keep gas prices lower until after an election...then is ok with prices going back up? Is Joe Biden intentionally driving up prices for political gain? Former Trump economic advisor Steve Moore joins Rick on NewsTalk 820 WBAP ... (Photo Courtesy of WFAA)See omnystudio.com/listener for privacy information.

India's consumption sector is playing on the front foot this festive season, as consumers rush to markets and restaurants after two dull years marred by the pandemic.   Despite price hikes, inflation and muted rural demand, aggregate sales volume for consumer goods remained steady during the July-September quarter. Analysts see the trend sustaining as discretionary demand remains strong in the middle and upper-middle class of population. “Huge pent-up demand continued to fire growth in most discretionary segments in Q2FY23. Staples consumption in rural India remained more impacted, than overall urban consumption, due to inflation. Going ahead, rural demand is expected to bounce back in second half of FY23 on low base, and favourable monsoon,” says Amnish Aggarwal, Head of Research, Prabhudas Lilladher.  His assessment may be playing out on the ground at the moment. The recently concluded nine-day Navratri festival saw retailers clock their highest footfalls in two-three years across segments such as automobiles, consumer appliances, and apparels.  And since price hikes taken by companies in Q1 have been absorbed well by customers, analysts expect this consumption trend to remain strong, given festive period, and year-end celebrations in Q3FY23.  Deepak Jasani, Head of Retail, HDFC Securities says, Nifty FMCG index outperformed in Q2FY23. Also, improving sentiment ahead of festive period boosted returns. Sustainable recovery in rural FMCG growth could be the next big trigger, he indicates. Jasani expects FMCG companies to witness significant gross margin expansion between FY22-24, assuming normalisation of input costs and partial reversal of price hikes. From an investment view-point, Nishit Master of Axis Securities PMS likes EIH, Aditya Birla Fashion and Retail, Maruti Suzuki, M&M, Tata Motors, Westlife Development, Jubilant Food, Trent and Bata. As regards today, global cues, oil prices and stock-specific action will guide the investor sentiment.

RBI Governor Shaktikanta Das last week said that the central bank was assuming the Indian crude basket's price to be 100 dollars per barrel in the second half of FY23, down from around 104 dollars per barrel in the first half. This estimate underpins the central bank's growth and inflation projections. Which is why the recent decision by the OPEC+ to impose larger-than-expected output cuts in a bid to spur a recovery in crude prices could become a cause for concern. Against that backdrop, we delve into the possible impact on India. After the oil, let us shift our focus to the pharmaceutical industry. The World Health Organization has issued a global alert over four cough syrups made by an Indian pharma company, saying that they could be linked to the death of 66 children in The Gambia. It has also triggered a probe from the Indian government. We ask who all are responsible for the quality checks of Indian pharma exports. Moving on to markets, retailers ended the nine-day Navratri festival season with a bang. Sales of consumer goods were the highest in 2-3 years this time, as consumers indulged in out-of-home purchases despite price hikes. The surprisingly steady sales, despite inflation, have turned analysts bullish on the sector as they see the festive season adding more sheen to related stocks. Take a deep dive into the sector's prospects, and lists stocks that are on analysts' radar In a bid to cut down on environmental waste and save consumers from buying different chargers for different devices, the European Parliament on Tuesday voted in favour of legislation to standardise the charging port on electronic items. It selected USB Type-C, better known as USB-C, as the standard port. But why did it choose USB-C as the standard port? What makes it the gold standard of charging ports? This episode of the podcast tries to answer. 

Oil-producing countries including Saudi Arabia and Russia agreed to cut production by a significant 2 million barrels a day to boost prices. The move is being seen as a big setback to the Biden administration before the midterms and something that will help Russia raise oil revenues and support its invasion of Ukraine. Ryan Chilcote joined Amna Nawaz to discuss the impact. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

(10/6/22) OPEC's announcement of a 2-mil barrel per day cut in oil production was twice the amount expected. The Biden Administration immediately accused the cartel of being in cahoots with Russia; what this does mean is less oil production as demand increases heading into winter, suggesting higher oil prices to come. Meanwhile, the US now plans to tap another 10-mil barrels of oil from the Strategic Petroleum Reserve, already down from its 48-days' supply to just 22-days' supply, the lowest on record since 1990. The Administration's aggressive posture against oil companies is limiting their resolve to risk capital to drill new wells, build new refining capacity, and improve domestic oil security. This, however, spells opportunity for investors, as oil prices are now targeting to meet or exceed $90/bbl, and a slight pull-back beforehand will provide an excellent opportunity to increase exposure to oil stocks. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=RismnCpdstQ&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #OPEC #StrategicPetroleumReserve #BidenAdministration #OilStocks #EnergyStocks #Markets #Money #Investing

Oil-producing countries including Saudi Arabia and Russia agreed to cut production by a significant 2 million barrels a day to boost prices. The move is being seen as a big setback to the Biden administration before the midterms and something that will help Russia raise oil revenues and support its invasion of Ukraine. Ryan Chilcote joined Amna Nawaz to discuss the impact. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

The decision by the OPEC+ oil cartel to lower global production to 2 million barrels per day starting in November has prompted the US to dip into its Strategic Petroleum Reserve to dampen prices. An upcoming price cap on Russian oil could also add more inflationary pressure if Moscow decides to respond by cutting supply to participating countries. Also in this edition, we take a look at a petrol shortage in France and the tough negotiations between Elon Musk and Twitter to iron out a takeover deal.

OPEC+ members agreed to impose production cuts of up to 2 million barrels per day in a bid to keep oil prices elevated. This is the most significant round of cuts since 2020. What does this mean for oil prices? Salih Yilmaz, analyst at Bloomberg Intelligence, gives us that answer.

① OPEC+ agrees to deep oil production cuts. Is it defiance against U.S. pressure? (00:50) ② Study: the U.S. slides down various development, democracy, and equality rankings. (13:53) ③ Ethiopian Ambassador: his country expects further cooperation with China under the BRI. (21:28)

OPEC+ members agreed to impose production cuts of up to 2 million barrels per day in a bid to keep oil prices elevated. This is the most significant round of cuts since 2020. What does this mean for oil prices? Salih Yilmaz, analyst at Bloomberg Intelligence, gives us that answer.

An OPEC+ decision to cut oil production could cause US gas prices to rise again. President Joe Biden puts his political rivalry with Governor Ron DeSantis to one side as he lands in Florida today to assess Hurricane Ian's devastation. The FBI has released its national crime report for 2021 - we'll bring you the details. Meanwhile, the US is expected to issue further sanctions on Iranians involved in the violent crackdown on protesters. And, for the first time, the White House has released a set of guidelines for companies using AI.To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Former President Donald Trump asked the Supreme Court to make sure materials marked as classified are part of the special master's review. The US and South Korea conducted a missile test after North Korea fired a ballistic missile over Japan. President Joe Biden will visit Florida tomorrow in the aftermath of Hurricane Ian. The world's top crude oil exporters are considering drastic oil production cuts. Lastly, President Joe Biden outlined new steps to boost abortion protections.To learn more about how CNN protects listener privacy, visit cnn.com/privacy

In this episode:We discuss the end of the line for EV wanna be maker Faraday Future and:Production Hell: Lucid Motors cuts production in lieu of supply chain challenges. 

(9/6/22) Markets are set to open higher after lwast week's sell-off, under pressure from Fed head Jerome Powell's post-Jackson Hole speech, suggesting more rate hikes, more aggressively, are still to come. Markets tried to challenge that, until Russia threw a wrench into the works, announcing a cut off of natural gas to Europe. This morning's futures are looking higher, seeking a bit of a rally as markets remain over-sold. Continue to use these rallies to sell into to reduce portfolio risk. Meanwhile, OPEC announced over the weekend a cut in production, proving the half-life of a Biden fist bump is about one month. The cut is no surprise, as oil prices have been under pressure, and OPEC likes those prices kept high. A rally to $95 or $98/bbl would not be surprising, and would create a decent sell point for investors. As the Fed continues to hike rates, demand will weaken, keeping oil prices in a downward trend, despite the production cuts. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=93RNDdSzkqI&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #OPEC #OilPrices #FederalReserve #Markets #Money #Investing

In this week's energy podcast, Senior Portfolio Manager Quinn Kiley discusses:How crude oil prices responded to new sanctions on Russian oil importsUpdates on unemployment numbers and the possible return of Build Back Better (BBB)Kinetik Holdings makes history as the first US midstream company to issue sustainability-linked bondsDownload Transcript

Today on Daily News You Can Use, Ray and Zach discuss the latest used and new car market data. With a recession looming you'd expect to see prices falling, however that's not the case. At the same time, companies like Toyota are still struggling with new car production. Tune in to learn more!