Incremental Oil News Today

Itsco prepares to make trading debut in riyadh. Reports say it is considering a secondary listing in asia. I want to get you to some breaking news out of new zealand. We have a fiscal update for you. They are cutting the Budget Surplus forecast. It now sees a budget deficit in 2019 and 2020. And smaller updates after that, specifically 943 million deficit. This is a previously forecast billion dollars. Returning to forecast the following years, but only just. Forecast was for 2. 1 billion. Growt...

Some are saying it is a series of management missteps catching up to fedex right now. Guy i think the fact that the president is going down the sanctions route rather than taking a route which could become a little more connected is probably why we are seeing oil come off a little bit. Doesnt mean saudi wont go down that route, but brent crude, as youve indicated, well markets are lower. We are down by 0. 8 . A reversal when it comes up to the market from a sector point of view. We are just wait...

Maria welcome back. Good monday morning, everybody. Thanks very much for joining us this morning. Im maria bartiromo. It is monday, october 16. It is 7 00 a. M. On the east coast. Breaking news out of the middle east this morning, President Biden reportedly considering a trip to israel in the coming days, as of now no travel plans have been finalized. We are waiting on more information. Meanwhile, President Biden yesterday on 60 minutes actually blamed maga republicans and chaos in congress for ...

Market is positive by 0. 2 percent on the s p 500. Hours away from chairman powell and the News Conference. Tom it is a different it is changed outlook to the press conference that it was 48 hours boko ago. Jon it is not seven, it is six. It is not seven. The bad news, it is 6 inflation in the u. K. Lisa this is a positive but how much of a positive. The key distinction is the core measure came in much more than expected so stripping out food and energy, how much will we be talking about the dif...

Good morning for our audience worldwide, this is bloomberg surveillance on tv and radio alongside tom keene and lisa abramowicz, im jonathan ferro. Just about positive on the s p 500. Tom not your father strike. When i saw it, they nailed it about the 10 00 p. M. Stock. This is an original strike going back over to uaw history, back to 1958. Into real challenges before world war ii. It is an original strike, a selective strike, that is what is new. Jonathan gm said they offered unprecedented pac...

Other indexes. And a new blend. Keurig Green Mountain agreeing to a buyout and those shares are absolutely soaring. Lets get straight down to the trading action this hour. Bob pisani is joining us from the flor of the new york stock exchange. How much of the stock markets drop is due to whats happening with oil and Energy Stocks . Oil and the fed are the two things motivating the market right now, but the problem is there is no trend and thats causing a lot of confusion in the last few days. Jus...

The banks are trying to keep employees from quitting. U. S. Special Operation Forces raided a location inside syria the summer, but foley and other hostages had already been moved. Of our top stories, bank of america is prepared to announce a 17 billion settlement to settle invalid overions investigations the improper sale of mortgage bonds prior to the crash. This will definitely be the biggest. Jpmorgan paid 13 billion late last year. Citigroup paid 7 billion last month. Bank of america is pay...

Supply. It involves many issues including market structures. And we could go on and on. Substitution possibilities, etc. But but what we tackled so far were the difficult issues of things like helping ukraine face the winter, etc. This year and that will continue. But this year frankly a harder issue. We are due to report onto the g7 leader summit. And that is a real intermediate to longterm plan for integrated collective Energy Security. And that gets into some very fundamental policy issues in...

The physician payment sunshine act. It was a bipartisan piece of legislationo senate by senatorrofz grassley. Republican from iowa. And senator herb kohl a democrat from wisconsin. And the bill sought to lift the veil on the relationship between industry and it was a true piece of Bipartisan Legislation that was founded on a lot of the research that youre going to hear from some of our great speakers today. It was written in conjunction z with the information that we gotrcd from the research com...

3. 7 billion in payments to p n hospitals in fiveu r months of the first year of reporting. Thats a÷n1szw eajjr hvqp . Those are funds that are either going to research and product development, and thats important and important for the public to understand. Or going to drive uptake of particular products. Thats also important and important to understand. eb÷ so where are we now . Pew has been involved in this acs issue in a long time, as have the other folks on the pafj0o today, and many other...