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Could Higher Oil Help? 

Could Higher Oil Help? 

Posted October 14, 2022
Real Vision

 The Big Conversation | Refinitiv

This week Real Vision’s Jamie McDonald uses best in class data to look at the prospect of a higher oil price through midterms and into year end, and the surprising effects that could have on the consumer. Last week OPEC+ made the decision to cut oil production and it had the desired effect, a higher oil price. But couple this with less ammo from the Strategic Petroleum Reserve post midterms in a month, and we could see oil grind higher into year end. In the Chatter, Real Vision’s Roger Hirst talks to David Rickard, Director in Trading Solutions at LSEG, about several of these issues but in particular how they relate to higher government yields.

Originally Posted October 13, 2022

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