Find out what traders promise to do differently in 2016. We do begin with the biggest market mover of 2015. It was oil. Crude down 31 for the year, and Overall Energy stocks have dropped 24 . Many of them oil and gas names down more than 50 . The center of the action all year. Jackie, we are actually seeing a pop in oil today. What is behind the reversal . Hi, mandy. We are seeing the pop, and part of that was expected as we headed into the long weekend. Part of it is also coming at the same time that were getting headlines with some geopolitical implications here. That is in response to the Obama Administration reports that they are preparing new sanctions according to sources here. You can see that oil prices took a sharp turn higher at that point. Wti now over 2 higher at brent and now 2. 5 higher, and brent is now over wti, which makes sense as a result of these headlines. Its really about the outlook, what trade rerz saying. Its a supplydemand issue. On the danned dee manned side,
All right. Happy new year, rick, to you and everybody at the chicago merc. We have some serious breaking news from dubai in a scary situation. Here again is sue herera. Absolutely, brian. Here is what we know. A fires a engulfed the address hotel located in downtown dubai. These pictures are coming to us from the Associated Press. This fire broke out just a few hours before dubais massive fireworks display was set to go off. It is in the address hotel. It has engulfed at least 20 floors according to the Associated Press. We dont know the cause of that fire. We dont have any word on casualties. We do know that First Responders are on the scene. Once again, it is a massive fire in a tightly populated area of dubai in a very popular area of dubai im told, and, brian, i think you also stayed at that hotel, have you not z . I have been to that hotel, i have not stayed there. I have been to that region. That is the premiere shopping and recreation and dining destination in dudubai. I dont wa
Medicine, other resources sadly are dwindling. Now President Trump lashing out just days before he visits the storm ravaged island he tweeted, quote, the mayor of san juan who is complimentary days ago has been told you must be nasty to trump. Knew that trump club in bedminster with more on this growing controversy. Hello, kristin. Reporter hey, eric well, white house is saying, you know, weve sent supplies weve sent Emergency Responders an President Trump have been taking calls about hurricane and Recovery Efforts all day long hes traveling to puerto rico and the u. S. Virgin islands on tuesday, so you can see why hes not so happy remarks that have been made bit mayor of san juan in which she accused Trump Administration of all of its bureaucracy killing the port rei are can people so trump has been attacking her on twitter heres the latest from moments ago he says results of Recovery Efforts will speak much louder than complaints by san juan mayor doing everything we can to help the
From new jersey near the president s private gulf club. Kristin, the president is slamming the mayor of san juan who has come out basically daily slamming the u. S. Government, but hes not necessarily slamming all government officials. Yeah, julie, hes praising the governor of puerto rico, he called him a great guy, a great leader whose working really hard to get things done for his people and, you know, the governor says that he spoke to President Trump and he doesnt really feel like all of this criticism was intended for him. Listen. The only way for this to work is for us to have collaboration and let me stress this, i am committed to collaborate with everyone. This is a point where we cant look at small differences. We cant establish Different Things on politician. President trump injected partisan politics into the debate this morning by saying this on tweeter, quote, the major of san juan who was complementary a few days ago, has now been told by the democrats that you must be na
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