BREAKDOWN: What OPEC's Surprise Oil Production Cuts Have to Do With De-Dollarization

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 3 April 2023

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On Sunday night, OPEC+ members announced the cuts ahead of this week's meeting. A reduction in oil output of 1.65 million barrels per day was announced by OPEC+ members on Sunday night. In the face of a global economic slowdown, analysts are debating whether the cartel is acting politically or merely anticipating softer demand. - “The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch
0:05.8	of a button.
0:07.0	Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths
0:11.8	solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville.
0:17.1	Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural
0:22.6	chills to far-off romances, every story comes alive through world-class narration.
0:28.5	Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers
0:34.4	that transport you from the very first word, because the next great
0:38.2	adventure is just a listener way. Start your free 30-day trial at audible.com slash
0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:51.5	In the wake of one of the most tumultuous years in crypto history, the conversations happening at Consensus 2023 have never been more timely and important.
1:00.1	This April, CoinDisc is bringing together all sides of the crypto, blockchain, and Web3 community to find solutions to crypto's thornyest challenges and finally deliver on the technology's transformative potential.
1:10.3	Join developers, investors, founders, brands, policymakers,, and more in Austin, Texas, April 26th to 28th for Consensus 2023.
1:17.8	Listeners of the breakdown can take 15% off registration with code breakdown.
1:22.4	Register now at Consensus.coindus.com and join CoinDesk at Consensus 2023.
1:34.6	Thank you. Consensis.coindex.com and join CoinDesk at Consensus 2023. Welcome back to The Breakdown with me, NLW.
1:38.8	It's a daily podcast on macro, Bitcoin, and the Big Picture Power Shifts remaking our world.
1:44.6	The breakdown is produced and distributed by CoinDess.
1:49.5	What's going on, guys? It is Monday, April 3rd, and today we are talking about OPEC surprise oil production cuts, what they mean for not only oil markets, but global geopolitics, and how they are shaping
2:02.4	the de-dollarization conversation. A quick note before we dive in, there are two ways to listen to
2:07.5	the breakdown. You can hear us on the Coin Desk podcast network feed, which comes out every afternoon
2:11.7	and features other great Coin desk shows, or you can listen on the breakdown-only feed,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.