Insight - Apr. 3rd, 2023
Insight
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03-Apr-2023
Today on Insight, John and Josh Rosenstern discuss the effects of the OPEC Plus, regarding cuts to the world’s supply of oil. Exporting countries like Saudi Arabia, Russia and other countries will be cutting up to 4-percent of the global demand for oil, which equals 3.16 million barrels of oil will be cut per day. We will see the cost of gas going up with these cuts and the ongoing inflation. Brother Josh says the U.S. has recently grown a little in becoming more energy independent, but these cuts will hurt here at home, while Russia will benefit.
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