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Transcripts For BLOOMBERG The Pulse 20150911

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

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