Connect with us

Business

Saudis Pledge Million-Barrel Cut at OPEC+ Meet; Oil Surges

Published

on



Saudi Arabia has pledged an extra 1 million barrel-a-day oil supply cut in July to stabilize the market following an OPEC+ meeting over the weekend. Oil jumped after the announcement. Su Keenan reports on Bloomberg Television.

Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en

source

Continue Reading
25 Comments

25 Comments

  1. @Chriswatt313

    January 28, 2024 at 12:59 pm

    Who benefits from instability in the Middle East ……big oil……..dnt get how hamas could of got into Israel that easy in mass wiv heavy guns 50 cal and vehicles,when there borders are well defended ,some one helped train em to spec opp level….makes u think

  2. @kayhussain8468

    January 28, 2024 at 12:59 pm

    The day opec takes all currency to buy oil is the days that U.S. inflation goes over 15 percent in 2024 I think

  3. @_6666-

    January 28, 2024 at 12:59 pm

    @forest2344 PERHAPS THATS WHY B.R.I.C.S. WAS FORMED ? 🧐

  4. @_6666-

    January 28, 2024 at 12:59 pm

    GO OPEC ! SOVEREIGN U.S.TRIBAL NATIONS SHOULD BE ABLE TO APPLY ! FOR A BETTER FUTURE

  5. @nyfan9215

    January 28, 2024 at 12:59 pm

    World needs more cut as a woke liberal climate activist i support this

  6. @forest2344

    January 28, 2024 at 12:59 pm

    BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subiect to numerous economic, political, and logistical considerations.

  7. @zerog4879

    January 28, 2024 at 12:59 pm

    If rice and wheat had a cartel these guys would starve in the desert.

  8. @johnnycarson109

    January 28, 2024 at 12:59 pm

    Start buying at your local Stores now supplies food water and tools! Because Price are going up and guess what that means… More money for the greedy businesses price of milk $6 nope make it $12 and no pay raise for you employees. Your all going to have nothing and be happy.

  9. @anam.caballerowilson9421

    January 28, 2024 at 12:59 pm

    Hammer down!!

  10. @anam.caballerowilson9421

    January 28, 2024 at 12:59 pm

    Interesting! My boy lollipop

  11. @crstyalrepoosoot9

    January 28, 2024 at 12:59 pm

    Opec 👍👍😂😂😂

  12. @patpp

    January 28, 2024 at 12:59 pm

    It will increase inflation and will be bad for the common people around the globe.

  13. @happykitten5695

    January 28, 2024 at 12:59 pm

    🙏☮💛🕉️

  14. @Shining237

    January 28, 2024 at 12:59 pm

    I hope the price of 🛢️⛽ skyrockets. Maybe then our 🇺🇲 leaders in Washington will stop these needless expensive proxy Wars 🪖

  15. @parrsnipps4495

    January 28, 2024 at 12:59 pm

    Interesting isn't it, that as much as people are saying we need to get to net zero carbon emissions, when the Saudi's cut back, people are like those bastards, we don't want to pay more at the pumps!

  16. @abhijitpal7750

    January 28, 2024 at 12:59 pm

    06/06/2023.
    Saudi stocks market record high. 61.67%.
    Bonds market record high.
    Jobs market record high.
    Labor market record high.
    Equities market record high.
    Credit market record high.
    Gasoline prices high.
    Oil market record high.
    Housing market record high.
    Food prices high.
    1981 to 2004. Saudi economic history.
    Jai shree krishna.

  17. @domfel2123

    January 28, 2024 at 12:59 pm

    nauxious

  18. @DjDmt

    January 28, 2024 at 12:59 pm

    They already know we're in a recession

  19. @lilacer6841

    January 28, 2024 at 12:59 pm

    Well done OPEC+

  20. @mdubb4855

    January 28, 2024 at 12:59 pm

    Looks like someone needs to pay for an IPO.

  21. @xanvavy

    January 28, 2024 at 12:59 pm

    The real cartel is the Biden administration.

  22. @zionen01

    January 28, 2024 at 12:59 pm

    Saudis are losing so much money and they’ll never make it back. Recession is here and market slowdown means low demand regardless.

  23. @yihuda7459

    January 28, 2024 at 12:59 pm

    This will hurt many developing countries especially the poor countries….they already struggle from after corona ,inflation, Ukrainian war and,us interest rate hikes….

  24. @AS-tt8ui

    January 28, 2024 at 12:59 pm

    We lost our energy independence. Thanks Joe. I hope gas goes to $6.00 in 2024 right before election.

  25. @donrektmeplease

    January 28, 2024 at 12:59 pm

    This is the most hilarious thing in the world. Sauds have been hoarding THEIR oil while selling RUSSIAN oil to the world since the Ukraine war started & the western world is happily gobbling it up in pretence of its overwhelming support of Ukraine.

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Rethinking America’s Faith in Innovation

Published

on



Author Thomas Frank tells Bloomberg This Weekend that America’s celebration of creativity and innovation has helped justify policies that elevated white-collar knowledge work while contributing to inequality and the decline of manufacturing. Speaking with hosts David Gura and Christina Ruffini about his new book, The Creativity Con, Frank argues that innovation is neither uniquely American nor a guarantee of broadly shared prosperity.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

Fighting Inflation | Bloomberg Surveillance 01/26/2024

Published

on



Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern have the economy and global markets “under surveillance”. Their daily conversations with leaders and decision makers from Wall Street to Washington and beyond cover the latest in business, investment, and geopolitics. No other program better positions investors and executives for the trading day.
——–
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
About “Bloomberg Surveillance”
Tom Keene, Jonathan Ferro & Lisa Abramowicz are live from New York each business day, bringing insight on global markets and the top business stories of the day.

Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance

Subscribe and turn on notifications so you don’t miss any new Bloomberg Television videos: https://tinyurl.com/ysu5b8a9
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com

Follow Surveillance on Twitter at @bsurveillance
Get more from the hosts, follow them:
Tom Keene: https://twitter.com/tomkeene
Jonathan Ferro: https://twitter.com/FerroTV
Lisa Abramowicz: https://twitter.com/lisaabramowicz1

Connect with Bloomberg Television on:
Twitter: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/

source

Continue Reading

Business

Anthropic Should Delay IPO to Address AI Safety Risks, Says NYC Comptroller

Published

on



New York City Comptroller Mark Levine is calling on Anthropic PBC to delay its possible initial public offering due to artificial safety concerns. He says the company needs to address safety work and mitigate risks now, before it faces shareholder pressure to perform. He speaks on “Bloomberg Surveillance.”
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

Fed Won’t Raise Rates at Next Meeting, Strategist Amoroso Says

Published

on



Anastasia Amoroso, Partners Group chief investment strategist, says the Federal Reserve is unlikely to raise interest rates at its next meeting, even after hotter-than-expected producer price data. She speaks on “Bloomberg Open Interest.”
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

Stocks Rise Ahead of More Data; US Hits China with 100% Tariffs on Drones | Bloomberg Brief 08/14/26

Published

on



US equity futures waver after stocks notched a fresh record high ahead of retail sales and consumer sentiment data. Oil climbs as Treasury Secretary Scott Bessent says the US will announce unprecedented plans for Iran’s “economic isolation” next week. The Trump administration imposes levies of as much as 100% on imported drones and components, further decoupling from drone supply chains with China. OpenAI is said to be on track to generate annualized revenue of more than $40 billion. Stephanie Guild, CIO of Robinhood, looks ahead to more data following the latest signs of cooling inflation.

Chapters:
00:00:00 – Bloomberg Brief Begins, Top Stories & Global Markets
00:01:03 – Global Market Check: Asia Markets: Stocks Rally, Korea Leads Gains
00:02:24 – Europe Markets: Stocks, Dollar & Bond Yields
00:03:42 – US Markets: Record Highs & Treasury Yields
00:05:00 – OpenAI Revenue Surges Ahead of Potential IPO, Chinese AI Models Challenge OpenAI & Anthropic
00:09:10 – Trump Administration Hits Imported Drones With 100% Tariffs
00:10:34 – US Economic Isolation Plan for Iran & China Implications
00:12:34 – 30-Year Treasury Yield Hits 25-Year High
00:13:44 – Retail Sales, Inflation & the Fed Rate Outlook
00:15:02 – Trending on the Terminal
00:16:56 – Global Shipping & Mexico’s Alternative to the Panama Canal
00:20:59 – Front Page News
00:21:38 – Markets Update: Stocks, Bonds, Oil & the Dollar
00:23:11 – First Look Movers: Applied Materials, Drone Makers & Reddit
00:24:43 – Stephanie Guild, Robinhood CIO, on Whether Markets Can Keep Rallying
00:32:53 – Trending on the Terminal
00:35:17 – US to Roll Out Economic Isolation Plan for Iran Next Week, 100% Drone Tariffs & US-China Trade Tensions
00:38:02 – OpenAI’s $40 Billion Revenue Run Rate & IPO Prospects, Investors Get More Selective on AI & Tech
00:42:00 – What to Watch
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.