230720 OPEC JUST DROPPED A Massive Bombshell Leaves The West Terrified.mp4

Jul 20, 2023 #gas #economy #oil

Saudi Arabia and Russia, the powerhouses of the oil export game, are about to turn up the heat!

They've just announced even bigger cuts in oil production. Can you believe it? Amid worries about a global economic slowdown and the US Federal Reserve potentially raising interest rates, these guys are taking bold action.

The Organization of the Petroleum Exporting Countries and their members, including Russia, have joined forces in a pact to slash output by a whopping 2 million barrels per day, starting this November. And let me tell you, that's the largest cut they've made since the chaos of the COVID-19 pandemic in 2020. It seems like they're dead serious about shaking things up.