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Firm and climate talks go into overtime. Negotiations set to extend into the weekend as xi jinping calls president obama in a bid to step up efforts to reach a deal. Global oil markets will remain oversupplied according to the International Energy agency. The iea says it will continue to put oil prices under pressure and the oversupply will only get worse in coming months as additional supplies from iran will push more oil into storage. The volatility and softness has been one of the main factors. Were down. 4 for the ftse. Germany and france off more than that. U. S. Futures expecting a mixed...

Those low oil prices are pressuring gas prices which today according to aaa fell below 2 a gallon nationwide on average for the First Time Since 2009. Thats the depths of the great recession. To put that into perspective, that price is cheaper than a gallon of milk and a dozen eggs. And as Jackie Deangelis reports, thats saving americans a lot of money. Reporter the world is awash with oil, and prices continue to decline. The theme of lower for longer expected to last well into the new year. Its a problem for big oil, Energy Companies and the stock market. But its been a boon for consumers. As...

With sevenyear lows. Those low oil prices are pressuring gas prices which today according to aaa fell below 2 a gallon nationwide on average for the First Time Since 2009. Thats the depths of the great recession. To put that into perspective, that price is cheaper than a gallon of milk and a dozen eggs. And as Jackie Deangelis reports, thats saving americans a lot of money. Reporter the world is awash with oil, and prices continue to decline. The theme of lower for longer expected to last well into the new year. Its a problem for big oil, Energy Companies and the stock market. But its been a b...

With sevenyear lows. Those low oil prices are pressuring gas prices which today according to aaa fell below 2 a gallon nationwide on average for the First Time Since 2009. Thats the depths of the great recession. To put that into perspective, that price is cheaper than a gallon of milk and a dozen eggs. And as Jackie Deangelis reports, thats saving americans a lot of money. Reporter the world is awash with oil, and prices continue to decline. The theme of lower for longer expected to last well into the new year. Its a problem for big oil, Energy Companies and the stock market. But its been a b...

The countrys finance minister backs on demands that they write off the debt. Instead proposing a swap. They send the aussie dollar to a six year low. The Indian Central Bank keeping its powder dry. Youre watching Worldwide Exchange bringing you Business News from around the globe. Hello everybody. Good morning. Welcome to a full two hours of Worldwide Exchange. Good to be back on the show. Great to have you. Great to be back. Lots going on today. Bp shares are already trading higher this morning despite a Fourth Quarter loss on deplacement cost basis. It will reduce cap exspending this year. I...