• Special Report – Oil, Markets, and the Dollar's Dismay

  • Apr 6 2023
  • Length: 34 mins
  • Podcast

Special Report – Oil, Markets, and the Dollar's Dismay  By  cover art

Special Report – Oil, Markets, and the Dollar's Dismay

  • Summary

  • Liam takes us through two important developments in today's special report: the OPEC+ decision to cut daily production by 1.66 million barrels and India's shift away from using the US dollar for international trade.


    Relevant articles from today's episode:

    • RBI likely to go for another rate hike to tame inflation
    • UAE, Saudi, Oman and Kuwait to cut oil production from May to end of 2023
    • India Offers Rupee Trade Option to Nations Facing Dollar Crunch
    • India, Malaysia move beyond dollar to settle trade in INR
    • Oil prices notch biggest gain in nearly a year after OPEC’s surprise output cut

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