Oil, Consumers & Driverless Taxis

Oil prices have sputtered amid fears of weak global oil demand in a trade-warring world. Today, Jackie reviews news that bears upon the supply/demand balance underpinning oil pricing. The decision by OPEC+ to no longer underproduce should increase supplies, but that could soon be offset if US shale producers curb their production while oil prices are low. News of the US and China talking trade is supportive for global oil demand and pricing. … Also: Reports from the front lines of the Consumer Discretionary sector, where different companies are feeling Trump 2.0 impacts to different degrees and in different ways. … And: Are you ready to hail driverless taxis? They’re ready for you.