A Message from OPEC+ 10/6/22
OPEC+, including Saudi Arabia and Russia, have decided to cut oil production by 2 million barrels a day. The decision puts pressure on a Europe already squeezed by an energy crisis and a conflict in Ukraine, and it could be interpreted as a snub to the Biden administration, which has been asking the Saudi Kingdom to ramp up production to ease pressure on the U.S. energy markets. CNBC’s Brian Sullivan, on the ground in Vienna for the announcement, deciphers the message OPEC and Russia are sending to the United States with their decision, and Rep. Ro Khanna (D-CA) offers a message that we as Americans could send back. Plus, the team unpacks the hairy details of getting a Twitter-Musk deal done, and Louisiana is firing back against ESG. In this episode: Ro Khanna, @RepRoKhanna Becky Quick @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Brian Sullivan, @SullyCNBC Cameron Costa, @CameronCostaNY
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
OPEC+, including Saudi Arabia and Russia, have decided to cut oil production by 2 million barrels a day. The decision puts pressure on a Europe already squeezed by an energy crisis and a conflict in Ukraine, and it could be interpreted as a snub to the Biden administration, which has been asking the Saudi Kingdom to ramp up production to ease pressure on the U.S. energy markets. CNBC’s Brian Sullivan, on the ground in Vienna for the announcement, deciphers the message OPEC and Russia are sending to the United States with their decision, and Rep. Ro Khanna (D-CA) offers a message that we as Americans could send back. Plus, the team unpacks the hairy details of getting a Twitter-Musk deal done, and Louisiana is firing back against ESG.
In this episode:
Ro Khanna, @RepRoKhanna
Becky Quick @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Brian Sullivan, @SullyCNBC
Cameron Costa, @CameronCostaNY
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.