Amrita Sen, founder and director of research at Energy Aspects, joins CNBC’s ‘Squawk Box’ to discuss oil demand as China continues to impose strict Covid controls on its major cities. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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6 Comments
In 2008, the Fed implemented “Emergency Monetary Policies “ of 0% interest rates and QE money printing of trillions annually. These monetary policies were considered “Emergency “ policies in 2008. Now, after 14 years of 0% interest rates and QE to infinity, these “Emergency Monetary Policies” are considered “normal” and raising rates off 0% is considered “Restrictive Monetary Policies”. This is the “New Normal”. The Fed and other Central Banks have normalized 0% interest rates and QE money printing of trillions annually!
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Dumb Biden could be a wildcard and get us back into the oil game…. Why rely on another country for energy when other countries are still not going to go green you all are dumb!
She likes higher oil price. Greedy woman
Every comment is 🤖? The dead internet theory is alive.
If US wants to keep oil down there is every incentive to keep China lock down for as long as possible. Throw the bathtub of covid at it. Keke. And if China wants to balloon oil prices it should open up. US is depleting its strategic reserves whilst China is loading up on lots of cheap oil. China is funding russia and us is funding ukraine. Oil ends up being the beneficiary, probably the dollar as well. Perhaps best way for US to bring it dow is to tell Ukraine to call truce with Russia. If not just let it run up and tax the corporate oil companies in favour of the citizen. Gees this is turning into drama material.