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Transcripts For MSNBCW First Look 20170830 09:00:00

Firing of a missile over japan, the u. N. Now condemning this latest test but isnt taking any action. Good morning, everyone, its august 29th. Im Ayman Mohyeldin along id Yasmin Vossoughian and louis burgdorf. Harvey will make landfall once again as some towns on the edge have measured 50 inches of rain. With the president s and first ladys visit yesterday, the situation became more dire for many in the city and across south texas. In all, there have been nearly 19,000 Water Rescues across south texas as of last night. The death toll has climbed once more, now to nine. But images are circulating across social media. Along those killed, Houston Police officer Sergeant Steve perez. The chief of police spoke about how he died and how he lived media asking for help, asking for help in their elderly parents or people who live there. There is one house i was able to find the address for. This is a house in beaumont. A street map before the storm. There are people as of an hour ago on the roo

crude prices: Oil nudges higher after Saudi Arabia hikes prices

Oil prices rose slightly as Saudi Arabia increased its June crude prices for key regions and the possibility of a Gaza ceasefire diminished, raising concerns about the Israel-Hamas conflict impacting the oil-producing region. Brent crude futures rose to $83.24 a barrel, and U.S. West Texas Intermediate crude futures reached $78.40 a barrel. Saudi Arabia s move to raise prices suggests strong demand expectations for the summer. Despite easing geopolitical tensions, last week saw the largest weekly decline in oil prices in three months due to weak U.S. jobs data and Fed rate cut speculation.

India s services sector is still booming, but signs of weakness are visible

Business activity in India’s services sector softened in April but remained near its highest level in just under 14 years. However, some signs of weakness are emerging amid concerns that interest rates will stay higher for longer.

FTC s Surprise Attack on US Oil Icon Rattles Shale Sector

(Bloomberg) The Federal Trade Commission’s allegations that shale trailblazer Scott Sheffield tried to collude with OPEC to prop up crude prices is unnerving US oil executives pursuing more than $100 billion in deals.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis

Crude oil prices drop 5% in 2 sessions on sharp rise in US inventories

Brent crude drops by 3% to hit a seven-week low of $83.29 per barrel in previous sessions due to rising US stockpiles, while WTI crude falls below $79. Both ended their winning streak in April with declines. EIA reports unexpected increase in US crude stockpiles and production in February.

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