Page 28 - Energy Commodities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ok. We need to get you up to speed. Its been a busy morning, and weve got a lot of moving pieces we need to make sure you are aware of. Lets get to caroline hyde. Caroline good morning. Chinas trade surplus widened, and exports recovered last month. The worlds second largest economy and trade balance increased to 60 billion, taking the full your tally to 594. 5 billion. Analysts report a weakening yuan has rocked markets this year. Persistent oversupply of crude means prices still havent staved off the threat of further decline. The bloomberg commodity index, a gauge of return for Raw Material...

From london, im francine lacqua. We are getting some breaking sense of the challenges for the german economy, and points to strength. 107. 3, belown at what economists were expecting. We had a median forecast of 108. 4. First, lets get to the bloomberg first word news with nejra cehic. Nejra thanks. Oil snapped its biggest twoday gain in seven years and is trading around 31 per barrel. Even with the rally, wti and brent are down more than 50 this year over concern over bringing u. S. Supply. Formal new york mayor Michael Bloomberg has told advisers to truck plans for a possible independent cam...

Todays battle for control and all of the issues at stake in just a few minutes. But first, we have a round up of the mornings other top stories. Joe talks about it. Oil prices falling sharply, expanding losses for a fourth session. Check this out right now. You thought this was bloody yesterday, down another 2. 6 this morning. 76. 70 for wti at this point. Saudi arabia cutting prices to the United States. The exporters battling for market share here in the Worlds Largest energy consumer, nation, also weighing on prices. Signs that opec is ready to curb outputs. Oil prices are down more than 20...

Significant rebound in growth in 2015. That is what i took away when i spoke to the new chief economist at the oecd. Oil is also going to be in focus. Kuwait coming out and saying they have no plans to cut oil production. Have come a little bit lower. Bank of england Quarterly Report this week. Will mark carney be forced to reduce his overall growth forecast . Decline inthe european exports from this country into the entire euro zone. They declined by 11 over the past year. The Growth Numbers that were assumed in august for england ecb will alsothe deliver data. You will also get the cpi numbe...

Terms of what were communicating. The ruble recovers from its biggest daily loss in 16 years, but russias woes claim another victim. Shares in Italys Saipem plummet. China has its biggest daily rise in over a year with banks and grocery stocks leading the way. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Brent and wti are currently trading lower after bouncing back during the u. S. Session yesterday. They are up today, up 0. 66 and 0. 23 respectively. Wti crawled back around 5 of recent losses to move back above 65 a barrel. Some oil drillers h...