Oil could be on the rise due to Russian oil cap and Crypto could be on the decline due to FTX episode artwork

EPISODE · Dec 1, 2022 · 26 MIN

Oil could be on the rise due to Russian oil cap and Crypto could be on the decline due to FTX

from Stock Market Observation · host Jacob Lee

Ep. 140: Russian oil sanctions are about to kick in and it could affect the oil markets in a big way.  This comes at a time when the White House is debating whether to release emergency heating and crude oil reserves as winter approaches.  Kroger reported earnings and they had strong grocery sales which topped estimates.  Reckitt believes that the U.S. infant formula shortage will be around until Spring.  FTX CEO Sam Bankman-Fried had an interview and he claims that he is broke and committed no fraud.  Finally, Kraken joins the tech layoffs by announcing that they will lay off 1,100 employees.      

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Oil could be on the rise due to Russian oil cap and Crypto could be on the decline due to FTX

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