Smith at the america tile mother chan tile exchange. Chemical weapons used in syria, how does that play into oil . Priced in, disruptions in the middle east . No, its something the oil markets are going to be watching closely, adam, and we are hearing that he is confirming that chemical weapons were used over in syria, and this is a big change for the market. They were waiting on this statement for quite some time, and oil prices now back above 106 a barrel, still down on the session because we got weaker than expected Economic News on durable goods orders, new home sales last friday, and thats still weighing on the oil market, but theres a huge middle east premium built into the price of crude right now, and, adam, as far as the trade is concerned, theres a note basically saying they have upside potential in crude, but not much. Talking about syria here, it is an oil producer, but not a huge oil producer, and the reason why theres a premium in oil because of the concern of the Ripple
Somers will be with me shortly. Are we out to degrade and destroy the enemy this time . Well look ahead on sunday morning futures. Good morning. A turbulent stock market, ebola anxiety, as we head into the last couple weeks before election day. This as the race for which party will control the senate could not get any tighter. Paul ryan is the congressman from wisconsin and chairman of the house budget committee. Congressman, good to have you on the program. Welcome. Good morning. Nice to be back with you. Good to see you. Congressman, i would like to get into three things with you. The mid terms, the governments response to ebola and isis and then of course talk about the economy and budget issues. So lets start with the mid terms. How confident are you that the gop takes the senate . I feel pretty good about it actually. Ive been around the country. We have fantastic candidates. I was just with pat roberts on friday in kansas. I think all of our candidates are doing very well. I thin
A little more leverage its importing even more soybeans. And also on the show it tastes like chicken and it is even though these nuggets of patties have been grown in a lab is this what will be eating soon. Im Stephen Beard thanks for joining us american and chinese trade officials are set to begin a new round of talks today in washington the latest effort to resolve a trade dispute that has disrupted business across the globe the stakes are high u. S. President donald trump has threatened to raise further tariffs on chinese goods if no deal is reached by march and that would hit an already slumping chinese economy and then theres that thorny issue of huawei. One thing thats the question in washington as the worlds two biggest economies sit down to work out their differences and settle their open trade conflict since u. S. President Donald Trump Took Office beijing and washington have taken turns slapping each other with ever higher punitive tariffs. The u. S. Government argues that ch
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they re a totally separate process. the negotiations on the trade front will continue to be ongoing and i believe on that other question and the thing that you mentioned may be coming. they re waiting on me to finish so they can do that. with that, good afternoon. see you next time. neil: a lot of news in that nearly hour long press conference that featured mnuchin and larry kudlow talking about venezuela, $7 billion in assets that have now frozen to that country affecting districtly the state-run oil concern. all in an effort to get the president there, nicholas maduro to just step down and allow juan guaido to take charge. maduro has said that he wants to stay. he has the military behind him. there s increasing signs that he might not. the news of the moment seems to