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Jacky Jackie Deangelis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CNBC Closing Bell May 9, 2016

Its sent the stock down. Well explain that further. And as Donald Trump Takes Center Stage as the Presumptive Republican nominee, how to trumpproof your portfolio. Lets start with the decline in oil prices. Jackie deangelus walks by. Were you going to tell us than . No. Its all despite news of the wildfires in canada and a big shakeup with the Saudi Arabian government. Its oil minister is being replaced adding more questions on whos in charge of the oil. Lets talk about what this means for the energy markets. Was this entirely unexpected . No. The mr. Everything deputy crown prince hes really been setting oil policy for some time. This was not unexpected. It was a little brutal the way he was dismissed by a royal decree. Hes kind of the alan green span of oil in saudi arabia almost frankly for the whole world and to see him the news didnt go out as he resigned and we all have to read between the t tea leaves as to what happened. It was pretty clear. He was kind of unceremoniously moved

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