Macro & Oil Report: Increasing signs the US economy is sliding into recession

In this week’s Macro & Oil report of the EnergyScan podcast, Olivier Gasnier talks about the accumulation of economic indicators suggesting that the US economy is sliding into recession. Does this mean that central bank rate hikes are over? For the Fed, that moment is near. OPEC’s decision to cut production had only a limited effect on oil prices: less supply, but potentially less demand down the road; the markets remain cautious.