OPEC+ had announced a surprise oil production cut of more than 1 million barrels a day. That abandons previous assurances that it would hold supply steady. And now, it poses a new risk for the global economy. So what will this mean for Asia? And how will this further complicate the Federal Reserve’s mission to cool the economy? Will it worsen inflation in the United States? On Money in the Market, Hongbin Jeong speaks to Chin Yongchang, Oil Trading Reporter, Bloomberg News to find out more. 

OPEC+ had announced a surprise oil production cut of more than 1 million barrels a day. That abandons previous assurances that it would hold supply steady. And now, it poses a new risk for the global economy. So what will this mean for Asia? And how will this further complicate the Federal Reserve’s mission to cool the economy? Will it worsen inflation in the United States? On Money in the Market, Hongbin Jeong speaks to Chin Yongchang, Oil Trading Reporter, Bloomberg News to find out more.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. 

We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

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