The threat of a banking crisis is receding. OPEC revives inflation fears

In this week’s Macro & Oil report of the EnergyScan podcast, Olivier Gasnier tells us about how the banking crisis seems to have had less of an effect than what was initially forecasted and how Central Banks are therefore refocusing on managing inflation throughout the global economy. On the oil market, OPEC surprises all with a cut in production quotas, most likely to send a strong signal to the market that it will not let prices fall without reacting.