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Nearly at session lows. , this is the lowest we have seen since november of 2003. A fresh low. Confined to the United States. It is spreading around the world, from europe to asia. Lets take a look at european stocks. You can see that from april 1 two now, they europe stoxx 600 from april 1 until now, the europe stoxx 600 is down. Dragona, it is exit the and enter the bear. Take a look at the shanghai composite. It is now at the 2900 mark, down about 13 . U. S. Majors year to date, all down. And the nasdaq is down by 10 . Really, a sea of red. David thank you. This is Bloomberg Markets from bl...

First, lets get you caught up to speed on the markets this morning. If you thought the wild ride was over, think again. Futures are selling off sharply this morning. Right now, dow futures close to 200 points below fair value. The s p 500 futures down by another 30 points. This is not something thats been constant through the morning. At one point this morning, futures were in positive territory. You can get we will continue to see wild swings up and down. A lot of volatility. In fact, if you add up all of yesterdays swings, the dow moved by about 1300 points during the session. It was down 46...

The Trans Mountain pipeline hailed as a cheap, speedy way to send oil to Asia is set to become a $20 billion taxpayers’ headache. Read on.

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During the first five months of the year Europe has overtaken Asia as the biggest buyer of US crude, having imported 213.1 million barrels, while Asia imported 191.1 million barrels, Bloomberg reported, citing Census Bureau data. This is the first time in six years that Europe has been a bigger buyer of U.S. crude than Asia.