OPEC Faces Rift After UAE Exit | Open Interest 4/28/2026

Posted on 04/28/2026
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks tied to OpenAI slide after a report of missed growth targets, while oil holds above $110 even as the UAE exits OPEC on May 1. Earnings roll in against a cautious consumer backdrop as confidence edges higher. UAE Energy Minister Suhail Al Mazrouei joins us on the geopolitical shakeup, Mike McKee breaks down the latest consumer data, Atomic-6 CEO Trevor Smith looks at AI data centers in space, and Meredith Whitney warns of cracks beneath the surface of the US economy.



Chapters:

00:00:00 - Open Interest

00:01:44 - OpenAI Misses Sales and New User Targets: WSJ

00:05:26 - UAE to Leave OPEN and OPEN+ in May

00:07:14 - GM Truck and SUV Sales Soar Despite Rise in Gas Prices

00:11:58 - High Interest | Ken Griffin, Ares Management, Iran Deal

00:15:09 - Trump to Address Iran Plan “Soon” as Oil Rises

00:17:54 - Cameron Dawson NewEdge Wealth | Oil Rises Above $110 as US Weighs Iran Proposal

00:23:48 - Stocks to Watch | Coca-Cola, UPS, General Motors

00:25:30 - AI Jitters Weigh on Equities

00:30:27 - Top Calls | Micron, Rambus, Nucor, JetBlue

00:31:37 - JetBlue to Deepen Cost Cuts as Quarterly Loss Widens

00:38:16 - OpenAI Misses its Own User and Sales Goals | WSJ

00:45:06 - US April Consumer Confidence

00:48:20 - Meredith Whitney Meredith Whitney Advisory Group

00:58:33 - Kathy Bostjancic Nationwide Mutual Insurance | Fed Rate Decision

01:05:41 - Trevor Smith Atomic-6 | Data Centers Head to Space

01:13:36 - King Charles III to Meet with Trump at White House

01:19:34 - UAW Energy Minister on Decision to Leave OPEC

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