Page 2 - Effect Oil News Today

To discuss this and more im joined by my guest Dmitri Bobbitt in moscow hes a political analyst and editor of you know smee media project and glenn season in oslo hes a professor at the university of southeastern norway as well as author of russias geo Economic Strategy for a greater eurasia original macross up rules in effect that means you can jump any time you want and i was appreciating lets go to oslo 1st glenn we have this pandemic ongoing and we have been in crisis in the Energy Markets a...

A series of tax breaks sanctions and really just unprincipled market behavior to try to support American Energy companies and its all blown up in their face in a pandemic has made it even worse and i dont think theres any really any real road back i mean this is some of the most worse was poorly thought out policies i can imagine and people and average working people are going to pay for it go ahead learn. It well i agree with that assessment because. This has been very much all shared all of th...

The 10 year yield was up 72 basis points after that refunding announcement and the new twentyyear issuance will be bigger than the primary dealers were thinking. The median estimate was for around 13 billion but thats now 20 billion worth of twentyyear bonds being issued. Demand for them and now we are back to the stock market and we are seeing the s p 1 sondred up 4 10 of its recovered those earlier gains. The nasdaq is running away once again, up 1. 2 with several thats are credited for includ...

Road, maybe that is actually not the case. Rolling overs as well. Maybe that is oil. It could just be a sentiment feeling, as well as any sort of Political Risk because of kim jonguns health uncertainty. Lets get to todays market moving news from our team in new york, as well as washington. We want to begin with this meltdown in the oil market. Wti futures plunging below zero for the first time in history yesterday as many storage tanks reached capacity. Brent for delivery in june pushing to the...

Anytime you want and i was appreciating lets go to oslo 1st glenn we have this pandemic ongoing and we have been in crisis in the Energy Markets and its easy to conflate the 2 and one in the Energy Situation in the markets has gotten worse as a result of this pandemic but they are very separate things and i would say right off the bat that this is the result of disastrous policies particularly by the United States using a series of tax breaks sanctions and really just unprincipled market behavio...

Helped to crash the Energy Markets in the u. S. No one is you know driving flying well producing this thing but at the same time its important to note that the foundation of it was already there flawed so i guess were all celebrating or at least americans were celebrating Energy Independence and this economic a miracle it is worth noting that it. Did not didnt have the most Stable Foundation and of course for the whole thing to fall apart now in the Current Crisis just makes it. A good. Look at ...

The dollar index is above 100. Crude is trading at 1. 30 right now. Europe, guy. Vincent lets take a look at what is happening here guy lets take a look at what is happening here. As you can see, it is down heavily on the day, but still trading at 20 a barrel. Down by 20 on the session. We are hearing the currency effect coming through. One of those is the norwegian krone. The dollar benefiting as a result. Copper trading sharply down as well. We are seeing this bleed into other parts of the com...

Facebook premarket, zooming after a big gain yesterday. Its Financial Report suggested some stability returning to the advertising market. Facebook getting 98 of its revenue from ads. This company is a truly global platform. Over 1. 7 billion daily users. Stocks up another 6 this morning after a gain yesterday. Look at microsoft. Big gain yesterday, modest gain this morning. Its close to its alltime high. It says the virus had little impact on its business. Up 1 , microsoft, this morning. Its tr...

Hello and welcome to cross town where all things are considered im Peter Lavelle crude collapse Global Energy markets are in disarray over production low demand and lots of storage has witnessed some prices go into negative territory and this is not just because of the pandemic this is the result of disastrous policies the Energy Market may never recover. To discuss this and more im joined by my guest Dmitri Bobbitt in moscow hes a political analyst and editor of you know smee media project and ...

A currency crash pushes the qana me to the brink. And along with Everything Else going on a giant asteroid is due to herschel to earth in the next few hours. The economic effects of the pandemic are being felt in many sectors of the Global Economy right now but aviation and oil in particular ahead in the biggest player after already announcing it would cut production by a 3rd and that the company was bleeding cash at an unprecedented speed and us has posted a 1st quarter loss of half a 100000000...