BLOOMBERG Bloomberg Surveillance July 13, 2024
Much to talk about here, but part of it is the market reaction. Rollovernd then a year. Taylor im thinking 10 Million Barrels a day is not enough. We increasingly hear calls for 20 and 30. The drop in oil prices is also affecting the credit markets as you take a look at that downgrade cycle that is underway. 200 billionking at dollars of bonds that are set to lose their Investment Grade rating. Looking at some of the biggest down rates cycle underway. Oil andcourse, into the permanent base, it will be challenging. In this hour, Michael Mckee and i will speak with richard clear. Im going to tak...