Jeffrey Currie, Goldman Sachs global head of commodities research, joins ‘Squawk Box’ to discuss whether OPEC’s production cut is related to the recent bank failures, how much the production cut will filter through the commodities complex, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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21 Comments
Thank you OPEC +
Year-over-year inflation stood at 6.5% in December 2022—the lowest that figure has been in more than a year. Inflation was in line with what economists expected and gave many of them a reason to believe that the peak of inflation may be behind us. I have approximately $150k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?
Why is Morse at Citi seeing this so differently? Surely they ate looking at the same data.
This cut to support oil and gas prices is only going to increase the dash for renewable energy and EV's.
The end is near for OPEC and this fear only hastens their end.
guy batting .147………………………send him to double A……
This man. Like clockwork. He capitulated then back to the same old rhetoric 😂
Since people don't mind inflation – higher prices at the ⛽ shouldn't be an issue
No problem. Biden has plenty left in our SPR. Wait, what??
Joe Biden and Socialist Democrats did such, a greater job 🙄🙃🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 it's Bidens left cremation.
OPEC has taken advantage of the Biden Administration’s ineptness, our country is now at great risk.
You can only prop up the price for so long they did this last year and the price still fell.
More the rate hikes, more the supply cut by OPEC … Inflation is here to stay..
🤣🤣🤣🤣🤣🤣 if you voted for woke Biden and suffering, you don’t get to complain
Yes, the Biden administration is at fault. We could drill, but this administration is hostile to domestic drilling. We pushed Saudi arabia from an ally to almost an enemy. We pay the price while our money goes to Ukraine for their pensions and rebuilding, while we have the left literally sexualizing children. Our government is ran by incompetent moronic people whom also happen to be child predators and pedos.
Elon predicted this. Go Elon and Tesla Team.
This is precisely why Trump is probably going to be president again. God help us all.
American dollar is trash. Fake! It's value is zero.
Didn’t Arm get bought by Nvidia a couple years ago?
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.
America is NOT SO POWERFUL Anymore….😂😂
also u t u ob blocks posts so info is fake beware