PanamaTimes

Monday, Jul 15, 2024

Oil Prices Rise As OPEC, Russia-Led Allies Announce Major Output Cut

Oil Prices Rise As OPEC, Russia-Led Allies Announce Major Output Cut

The pound, meanwhile, continued to suffer against the dollar over fears for Britain's recession-threatened economy, falling around two percent to slide under $1.13.
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Oh ya 2 year ago
So OPEC gave slow joe the finger and to think he was just over seas sucking dick to get them to produce more.. And as long as the US keeps raising rates, other world currencies will tumble as investors flee into US bonds for a higher interest rate return. The US is throwing the Euro under the bus to try to stay the world reserve currency. The same way they threw Europe under the bus by blowing up the pipeline to make them dependent on US LNG. Having the US as a friend can be very deadly
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