Paul Sankey, president at Sankey Research, joins ‘Squawk on the Street’ to discuss his take on what Wednesday’s oil price action tells investors, whether OPEC will respond again, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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4 Comments
it's good for EV adoption all over the world…let them do it lol
The big drop in oil price is because it was being artificially propped up by Suadi's even though the world economy is slowing and past the US peak driving season.
Hey this is Sarah! I need to speak and interrupt my guests no matter what.
It seems that high oil prices or the recent big and sudden downturn in oil prices, had his hair blown.