Benchmark Hit News Today

Happening. >> what is all this going to do to inflation and supply chain situations. we have seen u.s. markets before president biden start talking. the dow is down 700 point ps p pairing the losses down about 400 points right now on pace for its fourth straight losing day. oil prices, the world benchmark hit above $99 a barrel. fresh 7-year highs. retreating a bit in u.s. oil prices down $91.50. the higher oil prices go will drive up gasoline prices. fresh 7-year high. 3.53 a gallon. up 23 cent...

Negotiations between rebels and the syrian government. in spite of the delivery international aid officials say there are no reassurances of future deliveries after the supplies run out in a month. secretary of state john kerry is pressing for full access to the city. lets turn now to business where oils dismal start to the new year continued yesterday as the u.s. benchmark hit fresh 12-year lows. cnbcs jeff cutmore joins us live from london. jeff you cover the oil markets. are we past the pan...