OPEC+ Turns Up the Tap—Will Oil Hit New Highs? 💥

#useconomy #oiltrading #crudeoil

Oil prices hold strong as OPEC surprises with a smaller production hike and hurricane season looms! 🌪️ Meanwhile, Trump reignites U.S.–China trade tensions with fresh tariffs 🔥, and global markets brace for impact. Inflation lands right at 2.1%, but will the Fed stay dovish? 🏦 China’s PMI shows a slight uptick, yet recovery remains fragile. All eyes on June as the U.S. faces a major debt refinancing crunch 💥.

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Timestamps:

00:00 - Introduction
00:40 - US Core PCE Inflation
01:23 - China manufacturing PMI
02:31 - Trade Tensions
05:38 - US Tariffs
06:04 - Oil Market
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