OPEC, Oh Sh*t!

Crude Oil tanks as OPEC+ floods the market with product. Russia and Saudi Arabia just did the unthinkable by announcing that they’re increasing output by 411,000 barrels per day starting in June. With demand forecasts going down every day as the world braces for a Trump induced global recession, it’s the exact opposite move from what everyone expected. This episode tackles what this means for the economy, the future of energy, Trump’s tariff gambit, inflation and unemployment.