What Happens to Oil If There's No OPEC Deal?

The video features Bill Baruch discussing market strategies and predictions. He highlights a quote from the Gunville Group about the risks of not reaching a production agreement, predicting market selling if no deal is reached. The discussion covers the impact of global news, particularly from Russia and Saudi Arabia, on market trends. Baruch outlines short-term and long-term market targets, emphasizing potential downside and upside scenarios. The video concludes with an analysis of market consolidation and potential breakout points.

What are the potential consequences of bearish inventory data?

What is the significance of the price range 4430 to about $46?