MBCC TH 3rd April'23 - "OPEC just blinked before the Fed...ouch! What does this mean for Oil, Bonds, Dollar, and Technology?"

We have always opined don’t listen to what OPEC says, but what they “need” to do, and low and behold after months of saying “No change to supply agreements” especially after being so vocal about Oil cuts when it was above $90/bbl., it seemed strange. Voila! They announced a cut of 1.1 mbpd yesterday.

So what does this mean for Oil market balance into Q2 and 2H?

Sign up as we tell you what the trade is in Gasoline, Distillate, and more…and YES it is all linked to Dollar, Bonds and even your sector bets like Technology and Banks..