Welcome to the pulse. Manus lets get some breaking news we have on the oil report. Is topply is outside opec fall the most since 1992. So, this is quite a severe warning shot from the iea. They going to say supply will fall by 10 overall. In august, opec, barrels. Ll 220,00 ba0 looking we have been at what Vladimir Putin would have to gain by lowering oil production. He is not part of opec. Forecasting that supply outside opec will fall the most since 19 oil glutday see the after reaching a 17 year high this year. That goes back to Goldman Sachs slashing their forecast, may we see 20 a barrel . I do not know if it is a positive but it does give a boost to certain countries. Cheap oil mean to produce for less and that drives gdp. Manus it does, indeed. Oilrig count drop in u. S. Production has been dropping for five weeks. The longest streak in 11 years. A lot to chreew over in terms of where we are with the opec and nonopec supply. Francine Chinas Central Bank was seen taking the step
A good morning. Ou are watching the pulse. We are here in london. I am guy johnson. Let me take you to the bloomberg exclusive. Rosneft hasnt made a has made a huge discovery. Ryan chilcote went to the site and spoke to the rosneft ceo on by asking and started houston they would see production. Production is going to start in 70 years. That is the mid range. Demands faster, we can speed it up. Tell me what price of oil will need for a return . I think it will be enough to provide our company with a stander return. Though feels in use around the world are declining. The oil is high quality. Ae markets should give us kind of price that justifies. Five70 years will be talking around 140 a barrel. Time will tell. Where to go from here . It was a joint project with exxon. U. S. Companiesr is barred from drilling in the arctic. Exxon has to leave from here. We will doext . It on our on. We are not going to stop our work. The projects operator is our joint venture. We are not planning on chan
Turbulent oil markets as saudi strikes continued overnight. Investors are wearing the potential for destruction with shipments to the middle east. Guy to get all angles covered, we are joined by elliott gotkine. And tim choices as well. And Jason Goodell on set. Elliott, lets start with you. Give us the latest. Elliott the bombinb rg raids have continued into friday. They will continue until objectives have been met. They are not Crystal Clear exactly what the saudis are aiming to achieve. At first glance, it would appear that they want to bomb the sh iites rebels to get them back to the negotiating table. At the same time, the saudis seem to be determined to ensure that the houthis do not overrun yemen. They want to prop up the internationally recognized government and they also want to ensure the instability we have been seeing in yemen does not pull over the order into saudi arabia for the rest of the region. Francine tell us more about the contact with the un Security Council. Elli
Deliberately accelerated the planes descent. Iranians took to the street last night to celebrate a breakthrough in Nuclear Talks with the west. Can the government there sell the deal to hardliners. Also in the program, alice takes a look at whats happening in business. Its a day for arachnophobes to look away as we look at how to make a killing without getting bitten. The brave investors out there who are crowd funding biotechnology. Hello. Its midday here in london 4 30 p. M. In tehran 2 30 in garissa, kenya, where grieving relatives are arriving at the scene of yesterdays massacre at a university in the countrys northeast. This was the scene of chaos yesterday. 147 people died in the attack which was claimed by the somali islamist group, al shabaab. The militants have singled out christian students. Many of those students were sleeping in their dormitories when the massacre began, and we hear now from some of those who survived. Survived. Translator i was still asleep around 5 00 a.
Mark happy overseas election day. To make our british viewers feel comfortable, we are doing the show in english tonight. First, the polls just close across the pond. Without wasting any time, lets go to london where Francine Lacqua can give us an update on the election. The polls close, what do we know . Francine the exit polls have been accurate, and we have the tories possibly with 316 seats. If this were to be true, they may be able to actually form a minority government. This is a very uncertain election. If these figures are true, we may be onto something and we make an apartment quicker than expected. John many thanks. Dont take off your mike because will be coming back to you. We are here in des moines. Behind me is Mission Control at the Des Moines Register who were governing the caucus process. That is with the whole thing gets made. Carly fiorina has an spending part of her day here. She attended a des moines Editorial Board and we will have more on that later. Mark the Iowa