Tech Insider

Happy Friday eve, readers. I'm Phil Rosen. As a financial journalist, I'm always trying to distill complex ideas into plain language (for my own understanding as much as yours). 

As for Opening Bell, I've found it helpful to remember that the stock market operates as a zero-sum game.

Like poker or chess, one player's win means another player's loss. 

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Saudi Arabia's energy minister Prince Abdulaziz bin Salman says OPEC+ could slash output further.
Saudi energy minster Abdulaziz bin Salman Al Saud.
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Biden and Mohammed bin Salman (MBS) fist bumping.
Saudi Arabia said Sunday it'd cut its oil output by 500,000 barrels a day.
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OPEC OPEC+ oil producers oil price
The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut.
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An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018. Picture taken July 4, 2018.  REUTERS/Stringer
Oil tanker unloads crude oil at a crude oil terminal in Zhoushan
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Oil exports
Russia has rerouted its oil exports away from Europe towards Asia.