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
Has not been taken, dmytro oleksandrovich, your 81st amendment, because savrasovs amendment follows, please, 81st, will you insist, whether dear anriivna, but you did not answer how much money is in the road fund, dear ruslan oleksiiovych asked that there be fundamental, conceptual amendments, there should be a fundamental conceptual amendment, so that the peoples deputies and those who watch us, our fellow citizens, not spectators, not supervisors, yes, so that they understand what the Verkhovna Rada did not vote for, what amount the Verkhovna Rada , together with the cabinet of ministers, did not want to allocate to the armed forces of ukraine, please answer how much money is currently in the road fund, and people weve got intelligent people will be able to calculate that we just did not want to transfer half of this amount to the armed forces of ukraine. The position of the committee on the 81st amendment, please, dmytro oleksandrovych, i specifically now asked the question to the s
Finally well see the beginning of what should be a try and sunny day. New details about the e. Coli outbreak linked to romaine let us. One person has died. Consumer reports says to avoid it all get. There is no particular brand or sell by date to look for. But as david louie found out, the bay area is likely not at the heart of the problem. Romaine is fast overtaking head lettuce in the american diet. Theyre still trying to figure out how romaine lettuce has made 58 people sick across the country. The quasi Government Agency in sacramento that administers safe practices for the leafy green industry says no grower or processor in california has been contacted as part of any investigation. The last person to get sick was a month ago. Although romaine has not been fingered, the danger has probably passed. . It is an important piece of information. With no recall in place and plenty of role aint in the margaret place, that creates a quandary for consumers. What are they supposed to do . We
We have the world covered here on daybreak asia with the wrapup from the trade ministers meeting over the weekend. Help President Trump fared in riyadh shortly. This is daybreak asia. I am betty liu in new york. A. M. In just after 7 00 hong kong. Political risk will be dominating the headlines once again this week. The first leg of President Trumps middle east trip. It seems as so far so good, the opec meeting, the fed meeting this week, but plenty on investors place. Ceos like lots and lots of money being invested in their own home country, so pretty smooth sailing as you say, but there are still a lot of questions about the Political Risks. You saw Goldman Sachs taking down their target for the 2. 75 , ayield down to bearish a signal there. Markets have been choppy, but we have not seen total collapse. On jamesld depend comey when he testifies this weekend whether we get new information over the russian meddling scandal. See how things going. Asia kicking off so far, following the l
And, asiapacific trade ministers concerned about rising protectionism, but no mention of it in their postsummit statement in hanoi. The start of the brandnew asian trading week. It is all about oil. We are fast approaching that meeting in vienna. The markets have pretty much priced and that ninemonth extension. Latest over the weekend, we are hearing that saudi arabia saying all opec producers are up for this extension. Take a look at this chart in terms of where Price Expectations are going. That front month the vti with the nearest expiration contract, converging at 50, so whether the news has 10 baked in or there is further upside when it comes to that oil price, even if we get that extension, and the flip side of that story is where u. S. Shale production goes from here, because the biggest opecion has not been producer sticking to their end of the bargain as opposed to whether their efforts are being undermined by increasing levels of u. S. Production. We have seen u. S. Inventori