Weaponizing Oil News Today

it is nothing short of a horrific tragedy. a massacre at a day care center in thailand. an attacker killed 36 people, most of them are children. officials say at tack started when a man armed with a gun and a knife entering the childcare facility and police say most of the victims were stabbed. most officials are saying the that attacker who killed himself is a former police officer. selina wang is tracking all of this live in tokyo. what is the very latest that youre learning? >> repo...

Way, jackie. Good afternoon, folks, im charles payne, this is making money. Breaking right now, stocks stumbled out of the gate. Here is the thing it is litany of issues. Surging bond yields. Wait until you hear what happened with the 20 year auction. Political tensions enhancing. Negative reaction to earnings this morning. Guess what . Im actually bullish. I will share my source of optimism and my one key signal to load up. Heavyweights tesla, netflix report after the bell. Well handicap that w...

That is not good. you know, i dont know i would go so far as to say theyre weaponizing oil. i think theyre doing things in their own best interest. they want to generate as much revenue as they possibly could so they will raise prices to generate that revenue. hopefully it doesnt undermine global demand and hurt the global economy to a significant degree. so theyre doing it in their own self-interest. tu better served pretty tough when the united states and most other countries are working hard ...

Fears that russias invasion of ukraine could create supply shortages. to lessen the impact, the u.s. and its allies today agreed to release up to 60 million barrels of crude oil from their reserves. matt joins us now. a lot of moving parts here. this was a sugar high the last time it happened. what is the expectation now? >> well, the good news is that world leaders, theyre trying to come to the rescue of consumers who are dealing with really high energy prices. theyre releasing 60 million barre...