Does OPEC+ Know Something We Don't?

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Does OPEC+ Know Something We Don't?

Watch Stansberry Research Video: Does OPEC+ Know Something We Don't?.
OPEC+ surprised everyone on Sunday by announcing a plan to cut oil production starting in May. As a result, oil prices surged 6% globally on Monday. But what does that mean for investors? And how will it impact consumers filling up at gas stations? On this episode of Making Money With Matt McCall, Matt dives deep into the surprising move to uncover the motivation behind it.

Of course, there's a lot of speculation right now. So Matt shares his thoughts on each possibility – and what affect this could have on people here in the United States. He also discusses how the market is reacting to this news. Tune in to hear all his thoughts.

Click here to watch Marc Chaikin's latest event: https://www.chaikinevent2023.com

#oil #inflation #investing

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Chapter stamps:
00:00 Stock market overview
7:27 Donald Trump’s legal battle
8:14 OPEC announced the oil production cut
13:13 WTI crude oil chart
14:33 China reopening
17:12 Energy select sector SPDR fund (XLE)
19:00 Dirty energy sector

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Category: Stansberry Research
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