On this, and take the oil and find a place to ship it. That is proving to be a real conundrum for these markets here. There is a company, variety of companies that do this for a living including one called valpak. It has storage barrel systems i dont know what you call it all over the world, include places in singapore, rotterdam, theyre essentially saying there is no room at the inn. Weve run out of space for the space people are looking. Sort of a doubleedged sword here. The fears in the market they have not gone away. At love oil suppliers, their concerns have not gone away. A lot of wildcatters, smaller businesses if you take exxonmobils and chevrons out of this, to lesser extent occidentals host of others theyre still feeling the pinch. Not as much as you would think. Off lows early this morning but still down appreciably. So well be looking at the forward month contract where june is the most heavily traded at the moment. So we will keep an eye on that but we will also keep an ey
Shares tumble as the Education Company announces the departure of the cfo and also leaving, telling cnbc, there are good reasons for the change hes at a different and earlier stage of his career. There are good and personal reasons why hes made the decision he has. British recruiter hayes citing tough Market Conditions renaults chairman says there is a strong desire to make the automakers partnership with nissan work and there is no stress to appoint a new ceo in the near term. Welcome to the show a lot to get through lets start with the Monthly Oil Report to bring you some of the headlines there. Global oil demand rose by 955,000 Barrels Per Day yearon year to 101 Million Barrels in october. Keeping Oil Demand Growth for 1. 2 Million Barrels a day on higher trade growth. No change on the oil demand front. Global oil supply fell in december due to saudi cuts and seasonal decline of biofuels some interesting commentary around the geopolitical tension, iea also saying the oil market has
Total story will lead is a gal that itll socage upon this from oj fair at day one of the high stakes g. Twenty summit with host shindo abby. Edging leaders to stop bickerin. President trump struck a considered free tell you with these pays on the sidelines of the summit even joked with russias last may painting saying a moscow shouldnt metal in us elections. Expense so will this years tools could prove explosive owing to divisions of a wrong the Climate Change trades. On saturday trump and chinese president xi jinping will let hold a fast face to face talks of the loss g. Twenty summit. As they are trying to reach a truce in a long running trade dispute. Also he falls under heavy of reports. I highly staged photo op b. Lies one of the most divisive at g. Twenty summit in years. Those divisions relayed band right from the start when Russia Vladimir Putin told reporters that modern liberalism was obsolete in an interview published as leaders began gathering. That didnt sit well with you
America are piling on mountains of debt. What happens when its time for companies to pay the piper well get some answers on this tuesday, june 11th as Worldwide Exchange begins right now im back hi, from wherever youre watching im Brian Sullivan. Thank you for joining us on this tuesday. It could be a lucky seven for stocks theres a lot of green on the screen, and we can use i another rainy day in new york. Either get another cup of coffee or go back to bed. Dow futures are jurnd under 100. The dow on a sexday win streak. Of course, if we keep this up, it could make it a sevenday the bond yields are ticking up higher the benchmark tenure yield at 2. 16 . Also watch oil Oil Beginning to creep a little bit higher as well were up just under a percent. Also a big night overseas. Not as much in japan the nikkei in japan did rise 3. 1 look at the shanghai come possib posit. And the European Markets like our futures, like asia, a lot of green on that screen as we talked about, germany startin
Khramtsova will tell the priorities of the industry. Public transport is the most important area in the life of megacities and small settlements, the number of trips is annually measured in tens of billions , the trend of abandoning personal cars in favor of traveling, for example, by bus, only intensifies about this transport, and people move from point to point comfortably and, of course, it is important that the bus trolleybus train any transport. Was new. Today the regions are declaring, and the needs are up to e, 2030 over 57,000 buses , 5,000 trolleybuses, and 4,000 tvs in 2019, taking into account the development of new routes, the need for such vehicles will certainly be even greater. The operation here we need is precisely for our industry. Machine builders and their subcontractors and are sure to cope with these tasks. Of course, we are allowed the current level of development of our production capacities, but on the condition, of course, that the orders of the enterprise wil