Citi's Morse Surprised by OPEC's Decision to Pump More Oil

The video discusses the current state of global commodity prices, focusing on oil and gas. It highlights the unexpected decisions by OPEC regarding oil supply and the implications for inflation. The discussion includes the dynamics of US shale production, market speculation on Brent crude prices, and the potential impact of the gas crisis in Europe on manufacturing and recession risks.

How might the weather influence the gas crisis in Europe?

What are the potential consequences of high electricity prices on manufacturing activity?

In what ways are companies responding to the rising costs of production?