Supply Picture News Today : Breaking News, Live Updates & Top Stories | Vimarsana

with all on this. >> sandra: a big line-up, but an economy in crisis. americans are looking for solutions to those surging gas prices and the highest inflation in decades. but it has democrats staring down a red wave in november as more and more voters are coming to the conclusion biden administration is not up to the task. hello, and welcome as we begin a brand-new week. sandra smith in new york. >> john: great to see you back after a long weekend. john roberts in washington, and this is "america reports". the price of gasoline setting a record high the tenth day in a row, an averag...

Union price cap on russian oil goes into effect. over the weekend, there are lines of oil producers in the opec+ who decided to stick to a plan to cut production. business and data reporter brian cheung joins us now. a lot of now. a lot of variables at play. i know you don't have a crystal bought but when you look at the different variables we're talking about here, what is the expectation? >> i wish i had a crystal ball because i want to plan my own travel as well. we know gas prices are coming down there. is a number of reasons. one being for example china where lockdowns and issues with cov...

Barrel for the first time since 2014 and it didn't stop there, and actually touching $104 a barrel for brent crude which is what we look at heavily here in europe and the middle east. meanwhile, west texas intermediate, that's been touching around the 19.18 change level so far, up to 99 a barrel and a complex supply picture and that is something that traders have to think about, if sanctions come in, in a big way, which they are likely to do so. and touching any company that has anything to do with russia oil is going to be very complicated indeed. and any further aggression and conflict in uk...

Normally gets it for me, but today, oh, my gosh. the organisation which represents independent forecourts says the supply picture has improved in the midlands, the north of england and into scotland. no problems at all, ijust put £100 in. a few days ago it was hard but i think it's picking up. i there is a warning the situation appears to be worsening in london and the south—east. we've been asking government and i had a long conversation with grant shapps this morning. it's very good. the government are talking closely to industry about the problems and i've asked him that the prioritisati...

However, some filling stations in london and the south east remain dry. the military is due to help out, beginning deliveries to petrol stations from monday. our business correspondent, katy austin has the very latest. there were more queues to fill up again this morning. this is the first time i'm queuing up because my boy normally gets it for me, but today, oh, my gosh. it's like christmas came early. these drivers in newcastle weren't having issues. i think it's starting to pick up now. the organisation which represents independent forecourts says the supply picture has improved in the midl...