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Worlds biggest processing station in saudi arabia which will be affecting a crude oil supply. President trump announcing a few moments ago he will allow release from the strategic result Petroleum Reserve to stabilize oil prices. Shery look at brent crude prices, surging above 70 a barrel. We are seeing a surge of 19 at the moment. We have seen brent and wti being pressured in the last week as we continue to see this demand going up, really clear given the ongoing trade war, print has fallen rent had fallen last week really clear given the ongoing trade war. Fallen last week. It is up 19 at the moment. Look at brent prices. We have seen huge moves when it came to prices of oil, given the ongoing tensions when it comes to the u. S. China and macro narratives as well, not to mention these are International Energy agencys warning of it agencies warning of a surplus of crude. Down 16 . Crude prices are up 12 . 61 aice of wti above barrel, around the 62 a barrel. When it comes to wti, we co
People. The shooters might have escape on bart. More from Crime Reporter henry lee. Reporter this is video making the rounds on social media showing one of the two shooters at the tanforan mall in san bruno. He is opening fire on the second floor of the food court. Surveillance video obtained by ktvu shows a group of young people scattering after the shots are fired. Police say they had argued with another group just before the shooting. I was standing right behind here. Suddenly we hear a lot of shouts. Shots were going pop. Reporter a dashcam shows the chaos that shoppers flee into the parking lot. Police say the two shooters escaped despite a Quick Response by officers from across the peninsula. An officer was already in the mall when the shots were fired. The officer was on the first floor of the food court reported hearing gunfire on the second floor. The boat a boy he was shot in the stunner. His Staff Sergeant in the mall rushed to help him. Its 12yearold boy was hit in the leg.
Investors await the final pricing for the asia operation. They hope the Chinese Market will help drive down debt. Shery lets get you started with the quick check of the markets. Close of the thursday session. Reaching record highs with the doubt surpassing 27,000. S p 500 very close to the 3000 level. We have financials and industrials leading the gains. We got the tweet earlier in the session from President Trump saying china is letting us down. Bit. Took markets a little they were able to recover as we are focused on chair powells second day of testimony talking about the fed having room to ease and ties between the Unemployment Rate and inflation. Yields have 10 year reaching one month high as we got u. S. Inflation numbers coming in the hotter than expected. This friday we are facing a modest retreat in asian stocks after a two day gain. Hares flipping at the closing chinese trade headlines the agenda which comes after trump complained. Malaysia,e gdp plus japan, and india. Theill
Points at the s p. The dow up 72 points the nasdaq looking to be higher by 32 points in asia we saw a pull back from yesterdays gains off the china u. S. Trade truce hang seng is off just a fraction over in europe, european equities are mostly higher the dax is up by 0. 8 . Perhaps europe is still digesting the news that Christine Lagarde will head the ecb. The first woman to do so treasury yields fell back below 2 yesterday and remains there right now. 1. 895 the global story here, the benchmark german bund yield has fallen to a new record low, negative 0. 385 right now. It was negative 0. 4 earlier. The italian tenyear has gone from 2. 8 to 1. 7 in the space of about three weeks. Lagardes appointment seen not just in the german bund yield as not potential hawk, she will be more dovish, but someone who can operate politically and avoid a clash on the italian budget. Both appointments being European Commission president and ecb president being german and french shows the power brokers,