Why OPEC+ Cuts Don’t Necessarily Mean Higher Gas Prices

Why OPEC+ Cuts Don’t Necessarily Mean Higher Gas Prices

On October 24, 2022, the Youtube channel of Bloomberg Markets and Finance released a new content that caught our attention, this article will be able to give a spotlight on it and why not make you discover this video.

Since the time you follow us on Croblanc, you are beginning to be used to hear about the Youtube channel Bloomberg Markets and Finance, and its viral videos that are always talked about on the web, and even beyond! That's why we decided to make a post about it, because we are sure you will enjoy this new video.

Not to hide anything, when we saw that the Youtube channel Bloomberg Markets and Finance had published a new video called Why OPEC+ Cuts Don’t Necessarily Mean Higher Gas Prices, we did not hesitate one second to share it with you so that you can discover it!

We could find in the next hours this content in the trend tool of Youtube because of the start that it makes! Since the Youtube channel Bloomberg Markets and Finance posted it, many people are talking about it on the networks. Let's wait for a few hours before we know how successful this video is.

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For your information, you can find below the description of the video Why OPEC+ Cuts Don’t Necessarily Mean Higher Gas Prices published by the Youtube channel Bloomberg Markets and Finance:

The OPEC+ production cut on Oct. 5 sent crude oil on a tear. Futures prices experienced their biggest weekly surge since the Russian invasion of Ukraine in February — and yet the move almost entirely reversed itself over the ensuing two weeks, with gasoline prices left relatively unscathed. Here’s the story on how production cuts really work, and why cuts don’t necessarily mean higher prices at the pump. Presented by @CME Group: https://www.cmegroup.com/openmarkets/economics.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights