Page 9 - Oil Commodity News Today

Working with our Cable Partners as we explore america. House republicans yesterday unveiled their tax proposal. Among the changes, reducing the number of tax brackets, cutting tack rates on corporation and limiting the mortgage to loans of 500,000 or less. It also caps local and state property tax reductions at 10,000 while increasing the child tax credit. The bill would no longer allow medical expenses or property loss to be deducted. If youd like to read the republicans bill go to cspan. Org c...

Up next, testimony on energy and infrastructure, including rebuilding efforts in florida, texas, and the caribbean, after major storms. And recommendations to improve Recovery Efforts after future national disasters. A House Energy Subcommittee heard from the public and private sectors. Subcommittee on energy will now come to order. And the chair will recognize himself for an opening statement. So this years atlantic Hurricane Season was unprecedented. Four named storms in close succession slamm...

Subcommittee on energy will now come to order. And the chair will recognize himself for an opening statement. So this years atlantic Hurricane Season was unprecedented. Four named storms in close succession slammed into the gulf, puerto rico and the u. S. Virgin islands. The hurricanes caused catastrophic damage and Energy Supply disruptions across the country. While texas and florida are further down the road to recovery, a humanitarian crisis is unfolding in puerto rico. A number of colleagues...

Subcommittee on energy will now come to order. And the chair will recognize himself for an opening statement. So this years atlantic Hurricane Season was unprecedented. Four named storms in close succession slammed into the gulf, puerto rico and the u. S. Virgin islands. The hurricanes caused catastrophic damage and Energy Supply disruptions across the country. While texas and florida are further down the road to recovery, a humanitarian crisis is unfolding in puerto rico. A number of colleagues...

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Rishaad oil prices down by 3 over the last three days. Big falls overnight are having repercussions, in particular for australian markets and the aussie dollar. It may be a bit of a brighter prospect if you are an oil bull in the future. It does suggest that if you look at 2021, prices are likely to be breaking to the upside. Deliveries in the near future having a higher price of those made later on. You could also argue that rising longterm prices show the market is going to the view that high ...

And finally, 1 00 p. M. Time, the u. S. Treasury is set to auction 24 billion in three year notes. Jonathan thank you very much, david. And an uncomfortable market. The s p 500 finished yesterdays session unchanged on a record close. Joining us from hong kong is sean darby. And of course, allen russ kin of fx research. Much has been made on the vix and the s p s. Give us your thoughts and your initial takeaway. Weve got a period where real bond yields have been turning negative in most of the de...

It is monday morning, time to look at your data and what it is telling us. There is a little bit of a rally european stocks. Oc crude is the story of the day 48. 93. The nymex is up the tory government, after the weeks we had from the labor manifesto, the pound 1. 2924. We will have more on those equities rising in the optimism surrounding the Chinese International spending plan infrastructure, but first lets get to the bloomberg first word news. An unrivaled global cyber attack will continue cl...

Coming up later on the program, how would brexit be different if the u. K. s labour party won this election . We speak to the shadow home secretary, diane abbott, at 9 30 london time. Lets check on your markets. I want to start with crude. A slump weighing on Energy Shares as Global Equity markets seem to the heading for a lower finish. Crude below 50. It is a little bit higher than it was a couple minutes ago. However, theres a lot of speculation on whether opec stuck to the most predictable ou...

This case. I know the facts of h case like the back of my hand, you told me and theres nothing wrong thats been done. Why did you settle . Well, it was very simple. My lawyers told me winning would be very high. The golden partner, hedge fund manager, im wealthy, enough factoids and impress juries and that the cost of the trial would be 15 to 20 million and go for an a couple of years. We would likely see appeals, but let me make it clear. I vented into whats called a no admit, no deny settlemen...