Oil Screams Global Recession as Debt Ceiling Talks Stall

OPEC+ missed it's April oil production quota by over 2.5 million barrels per day and yet the price of oil has fallen during that period signaling a severe global economic slowdown is coming. Elsewhere, Congress continues to do what it does best: nothing. Debt ceiling talks have stalled and a planned meeting between President Biden and Congressional leaders from both parties has been postponed until next week.

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