Page 2 - Current Oil News Today

Order through midmay. And Sonoma County Stay Home Order is set to expire this coming weekend. The director of Public Health saying among other factors, he would like to see a sustained decrease in the number of coronavirus cases before lifting the order. I do think that we need to again see some of the changes in the data that i have talked about today, the reduction in People Living with covid19, the increase in testing, our ability to monitor the epidemic and get adequate ppe. Reporter he said...

Call it. Netflix yesterday closing at an alltime record high. Oil a little higher as well, but still around an 18 year low. Still brutal for the market. Just checking in one more time they comec had before out. Time now for bloomberg first take. Here to discuss from our inhouse team of wall street veterans and insiders, michael mckee, and Damian Sassower. Mike, we know that jobless claims are going to be bad. We dont know how bad. I think the question is, how do markets actually respond to this,...

How these cuts will be disk it and how willing will russia be . Certainly some optimism today. Jakarta is coming online. A pretty steep fall off of stocks yesterday. We are rising. Ingapore is up the csi 300 is up. 3 . The dollar is looking pretty mixed across asia. The reaction from that meeting has been seen in the korean won. We are seeing that strength. Nine out of 17 economists respected the hole. Some were expecting for a cut. We are looking ahead to governor lees press conference. We will...

Points. Brent really rolling over by about 5 , much worse than wti. It is now a pure demand issue. You see equities taking it on the chin, as well as commodities. Time for todays top market moving news from new york and our london team. We want to begin in the u. S. Come over Senate Democrats blocked Mitch Mcconnells attempt to advance the coronavirus economic rescue package. Minneapolis fed president neel bloomberg the fed can do more to support the economy. We are being more aggressive. Is the...

The safe haven bid comes off. The selling in the bond market is not as fierce as the buying and the equity market, something to keep note, as the 10 year yield rises 19 basis points. Crude getting back may be half of the losses from yesterday, up by about 10 . We will see. If that can hold. Time now for globe we will see if that can hold. Time now for global exchange. Our bloomberg voices are on the ground with this mornings top stories. We begin with the markets. Stocks stabilizing globally fol...

Cut this month thanks. We are seeing a big bounce back. All angles are covered for you bob pisani, Rick Santelli in chicago seeing new lows on the ten year yield, meg has the latest on the coronavirus and Steve Liesman on whether the fed will come to the markets rescue here we begin with stocks and bob with the latest here kelly, were just off the highs. The question is, why theres two essential reasons. Number one, we have extreme oversold conditions. Well explain that in a minute and number tw...

That revenue is just a bid among federal programs and shared with the state, local and tribal governments. Finally, we will hear testimony on two measures that would boost revenue sharing from onshore renewable as well as offshore development. Both bills under consideration or sponsored by members of this committee. Senator cassidy has introduced s2418 which is the coastal act and senator mick sally has introduced f2 666 which is a public lands are knowable Energy Development act. As a cosponsor...

We are here this morning for three closely related purposes and first we will examine federal revenues generated from Energy Development on our federal lands, indian lands and federal offshore areas. Secondly, we will explore how that revenue is just a bid among federal programs and shared with the state, local and tribal governments. Finally, we will hear testimony on two measures that would boost revenue sharing from onshore renewable as well as offshore development. Both bills under considera...

President ial election but relations have become more strained the u. S. Has put some Chinese Companies on a trade restrictions list and banned visas for some chinese officials because the u. S. Says theyre linked to allegations of human rights abuses involving chinas wego muslims meanwhile chinese broadcasters and other companies have pulled out of 1000000000. 00 streaming and sponsorship deals with the u. S. National Basketball Association after the general manager of the Houston Rockets tweet...

From guineas Paramilitary Forces were shooting a live rounds in the streets but was supposed to be in the should white protest against president alpha conde has turned into street battles between Security Forces and demonstrators armed with sticks and knives and they say they are here to defend their democracy we are not of course we are scared but we managed to paralyze the city in turn it into a ghost town to show our frustration with our leadership. The 81 year old president wants a referendu...