Excess OPEC capacity keeping oil prices from spiking after Iran attack, says CIBC's Rebecca Babin

Поділитися
Вставка
  • Опубліковано 19 лис 2024

КОМЕНТАРІ • 32

  • @PeterSedesse
    @PeterSedesse Місяць тому +5

    She is wrong about the Chinese stimulus. If you just say 'chinese stimulus' then yes, it may appear like it would cause a rebound in the demand for oil in china. But if you look at the actual stimulus, it is nothing that will affect production levels... it is more just a minor bailout of real estate companies. There is very little of the stimulus that is going to increase consumer spending or industrial production. It is all just a minor parachute for the real estate developers that are in a lot of trouble.

  • @eddiec5624
    @eddiec5624 Місяць тому +1

    I love Rebecca ❤

  • @gonduras
    @gonduras Місяць тому

    Well, if you get your oil from Iran, this is the time to find a new supplier.

  • @TomEdwardi
    @TomEdwardi Місяць тому

    I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated

    • @FederickLeo
      @FederickLeo Місяць тому

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @DerickSams
      @DerickSams Місяць тому

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

    • @FederickLeo
      @FederickLeo Місяць тому

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $100k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @DerickSams
      @DerickSams Місяць тому

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.

    • @TomEdwardi
      @TomEdwardi Місяць тому

      nice! once you hit a big milestone, the next comes easier. How can i reach her, if you don't mind me asking?

  • @JoeDurbs
    @JoeDurbs Місяць тому

    Very well explained

  • @alantan79
    @alantan79 Місяць тому +1

    There will be a surplus soon when the ports are stuck

  • @2023gainer
    @2023gainer Місяць тому +1

    EV adoption growth lowers oil prices. NKLA up 7 % wk. Nikola. North America leader. Hyln.. Hyliion up 31 % mth. SYM.. Symbotic up'31 % mth .. Archer 2'% mth . Lillium 4 % week.. VHAI.. Vocodia holdings.. Bullfrog 13 % mth .Frey 3 % Pre-market.

  • @danielhutchinson6604
    @danielhutchinson6604 Місяць тому +1

    What happens to Bond Markets when OPEC+ unloads a lot of Oil on Markets.
    If the USA continues to allow Israel to act for them in the Middle East,
    against local populations,
    will the US still be able to afford to sell Bonds to drill for oil?
    This is not 1973.

    • @PeterSedesse
      @PeterSedesse Місяць тому

      OPEC+ only has oil. The USA has a huge economy other than oil. If OPEC ' unloads ' a lot of oil, they will hurt themselves way more than we are hurt. Also OPEC+ now produces less than 50% of the world's oil... so they don't have a lot of power to move prices anymore. this isn't the 1970s

  • @Patrick-yh5yd
    @Patrick-yh5yd Місяць тому

    Crude would be 45 if Trump was in office.

    • @PeterSedesse
      @PeterSedesse Місяць тому +2

      Yes, because the entire world would be in a recession.

    • @tasmantiger3036
      @tasmantiger3036 Місяць тому +1

      maybe 4500, if iran will strike the gulf states' oil facilities

  • @ask_why000
    @ask_why000 Місяць тому

    Shouldn't Jerome be hiking rates... with the possible Return of Inflation?

    • @PeterSedesse
      @PeterSedesse Місяць тому +1

      possible? where? oil prices were up to 125 in 2022, now they are at 71. Where are the signs of inflation?