Sunday, August 3, 2025

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How OPEC+’s Surprise Cut Impacts Oil Prices & Everyday Consumers — With Mike McGlone

Back on the Daily Dive today is Mike McGlone, a Bloomberg Intelligence senior commodity strategist. Mike sits down with us to share his insights on oil prices and the sector after OPEC+’s surprise production cut earlier this week. We also talk about where he sees commodities going, the Petroyuan, Bitcoin, and of course, gold.

Bloomberg Intelligence provides data-driven research from an independent perspective. The platform features interactive data and research across industries and global markets while also providing insights into company fundamentals. The firm also provides coverage across credit, equity strategy, ESG, government, fixed income, and more.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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