Page 11 - Oil Patch News Today

Update this hour. World oil stocks are taking a major hit following the failure of crude producing countries to agree to production cuts as a ban for oil falls i mean fears about the coronavirus saudi arabia says it will increase output after a dispute with russia with more here. Quite a somber atmosphere here on wall street they are already calling it black monday we saw a 15 minute free is on futures trading when the stock market opened big dramatic plunge on the stock market the biggest drop ...

Thanks so much for coming. It seems particularly appropriate given the subject of todays lecture to encourage you to pretend as if you are in church and to move in, scoot in if you would, to give folks who are, not necessarily late arriving, but people who are fashionably on time room to sit. I should say that this answers an ageold question for me. Which is, if there is anything that can depress the turnout for a lecture, i think we have the answer. Which is no. It was raining cats and dogs a f...

Georgias kelly love letter will be one of our guests. All that and more on making money. Deirdre the white house is asking congress for more than 800 billion. Were going to take you right there. Hillary vaughn is standing by. Hillary, any new details . Reporter deirdre, yes, specifically about the 850 billion. Were learning that part of that, 58 billion, could be allocated to just the Airline Industry alone. That is according to John Roberts Fox news is reporting but i also asked secretary Steve...

Whether to amend that with a bigger proposal because we all know a bigger proposal is necessary, but ive decided were going to go on and vote as soon as the senate can get permission to vote on the bill that came over from the house, send it down to the president for signature and thus reassure the people around the country that we can operate on a bicameral, bipartisan basis quickly. Second, we will not leave, the senate will not leave until we have passed yet another bill and clearly, that wil...

And the fed will get to zero pretty quickly. They are in a nowin situation. Had they not done anything the market would have been disappointed i think stocks are higher a year from today, at the end of the year. I am looking to raise my target i am at 3440 my notice for earn something 172. I think they cut 50 at the next meeting in just two weeks i think thats going to happen and thats where we begin our debate today, what i think is the only one that matters. The coronavirus and whether it was ...

Points. As the coronavirus outbreak shows no sign of slowing here in the united states, the s p and nasdaq are going to expand after earlier rallies. Down three and a third , nasdaq down two and a third period in what will be possibly the most important hour of trade this entire week, our market power panel among them manage more than 1 trillion is here. Whether he sees any Entrance Point and Eric Freedman on the one sector he loves in both good times and bad. As new york governor orders the ent...

Think we have the answer. Which is no. It was raining cats and dogs a few minutes ago. And i wondered, will there be people there . And sure enough, here you are. I tip my cap to all of you this evening. My name is andy graybill. I am the director of the clement center. I would like to thank the many people who helped make this evening possible. Thanks to jeff, who directs the cph. Especially for those people who have coordinated all of the logistics. During my first semester at the clement cent...

I should say that this answers an ageold question for me. If there is anything that can depress the turnout, i think we have the answer. It was raining cats and dogs a few minutes ago. I wondered if there would be people there and i tip my cap to all of you this evening. And the director of the clement center. The manyike to thank people who helped make this evening possible. Rhonda whoeff and have coordinated all of the logistics. During my first semester, we received an anonymous 500,000 gift ...

The outbreak has been declared a global pandemic. Lawmakers were told this week that the virus would continue to spread in this country and that the worst is yet to come. We will see more cases and things will get worse than they are right now. How much worse well get will depend on our ability to do two things, to contain the influx of people who are infected coming from the outside, and the ability to contain and mitigate within our own country. Bottom line, its going to get worse. Paul dr. Bo...

It is the new epicenter. It is spreading like wild fire. The Oil Price Wars raging on this morning. Saudi arabia says it will boost production to the max, 13barrels a day as russia is increasing production as well. Mornings with maria is live right now. All right, we want to start with Global Markets this morning. Ftse 100 up 50 points. Cac quarante up 83 82. The bank of england announcing an emergency rate cut this morning, 50 basis points, bringing that rate down to a quarter of a percent, tha...