Page 7 - Oil Patch News Today

Prices. A new study warns japan is facing a double digit contraction in the coming months as the coronavirus pandemic slows the economy further. Shery lets get you started with a quick check on how markets are trading. We are seeing key restocks gaining ground for a third consecutive session. We have seen the rbnz come out and say it is open to increasing the size and scope of its program. We are seeing further upside in trading. Nikkei to futures up. 2 . U. S. Futures under a little bit of plea...

Congress is negotiate its next round of Coronavirus Relief for the economy and weve seen a stunning move in oil crude was higher by 2 now down 9 as we await the final details out of the opec meeting. Energy sector now word on the s p. Yeah, been a real reversal there. Coming up on todays show, dan niles tweeting a warning about the rally. Hes going to join us with the risk he sees at these levels, plus, well speak with max levchin. Well ask what his micro loan customers are buying amid the shutd...

Futures and negative territory for the first time on record. Air travel is floundering with carriers slashing services and grounding planes. Richard branson says the virgin operation may not survive. Today was big story the crash in oil prices. We have the wti futures settling at 37. 63 per barrel. You are taking a look at june futures at the moment. This of course still at a volatile level, but the real question being is will it suffer the same fate . Today, we saw the technical auditing exacer...

Good morning and welcome to the show im dominic chu. We begin this morning with breaking news and a possible turn around tuesday after stocks pulled back following the historic rally futures pointing to some gains the dow would open up higher by 286. Nasdaq higher by 106 points if these futures would hold at opening bell watching the dow futures, you can see it has been relatively steady but weve lost a little momentum we currently sit at the lows still the dow higher by some 42 odd appointments...

Retail certificate going to zero not every biotech will keep growing every day. Thats the way it feels on a gay when oil imploded. The stock market got slammed because of it. Dow losing 592 points. S p sinking 1. 79 , why, of course its got a lot of tech and biotech. I dont blame a soul for being confused here. Buy, buy, buy a. Sell, sell, sell. The situation is, confusing were in Uncharted Waters now. It doesnt lend itself to easy explanation. We have to take them one at a time because some of ...

U. S. Trading after west texas futures end in negative territory for the first time ever. Ups sees some light at the end of the virus tunnel. The ceo tells us ecommerce is almost thriving compared to traditional sectors. Lets take a look at the oil lets get to sophie kamaruddin, who is taking a look at highlights for us in hong kong. Sophie the relative resiliency of the markets we have seen of late have brought several benchmarks in the region of asia into bull market territory. That will be te...

The World Health Organization is warning against complacency some European Countries ease restrictions nurseries in norway have reopened and Small Businesses are trading again in some parts of germany and denmark. The new coronavirus pandemic and lock downs have hurt the demand for oil globally and heres what Major Oil Producers have been trying to do to offset those losses back in the beginning of march opec recommended removing one and a half 1000000 Barrels Per Day from the markets russia ref...

Joe, the big story is oil prices once again im ready to move out past june move out where . June is too close if we are not going to open anything up, no reason to think it will be anything different than minus 38 a barrel it is related to the price of gold and the price of a suit, so i should have been buying andrew, you are spending 10 times what you are on a suit with those hugo boss things. Which none of them have belt loops for 4,000, you could get a couple of belt loops no hugo boss. It is...

The race to the white house goes on joe biden is in but secured his place is the democratic nominee can he beat still trump joined us for continuing coverage of the u. S. Election 2020000. Shall carry this is counting the cost on al jazeera your look at the world of business and economics this week billions now to save trillions in lost economic output the hunt for a vaccine is on well talk to the c. E. O. Of a drug maker that is using a cancer drug in trials to treat over 1000. 00 patients and ...

Than a week. Here on cnbc. Good morning. Good afternoon, good evening welcome to wherever you may be watching here on cnbc. After two volatile, very fast moving days, you may be in for a third of volatility. This will be slightly different. Dow futures off the drop with a gain at the open at 340 points s p also on the upside after the dow lost 1,100 points on two trading days and is already down 5 on the week caused by the historic collapse of oil it went negative on monday and part of yesterday...