10 April 2023
Money in the Market: Will the recent oil price rally stick or fade away?
OPEC+ had announced a surprise oil production cut of more than 1 million barrels a day. That abandons previous assurances that it would hold supply steady. And now, it poses a new risk for the global economy. So what will this mean for Asia? And how will this further complicate the Federal Reserve’s mission to cool the economy? Will it worsen inflation in the United States? On Money in the Market, Hongbin Jeong speaks to Chin Yongchang, Oil Trading Reporter, Bloomberg News to find out more.

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