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Transcripts for BBCNEWS World Business Report 20211215 05:46:00

now we get some of the day s other business stories we are keeping an eye on. the ceo of uber technologies said the company is looking to sell its stake in chinese ride hailing firm didi. that comment was made at virtual fireside chat hosted by ubs on tuesday, but hasn t been officially confirmed by either company. the bbc is seeking comment from both didi and uber. shares of uber also jumped on tuesday after another remark that the rideshare company had its best week ever in terms of overall gross bookings last week. oil futures prices dipped after the international energy agency said the omicron variant is set to dent global demand recovery. the iea also said that it s lowering its forecast for oil demand by 100,000 barrels per day for next year. the price of brent crude is now hovering at about $73. apple is now requiring

Couch chinaBusiness storiesEye onUber technologiesBbc newsFirm didiUbs on tuesdayFireside chatOil futures pricesOmicron variantInternational energy agencyOil demandBrent crude

Transcripts for MSNBC Andrea Mitchell Reports 20211124 17:20:00

administration that faces one of these situations likes to do to the spr and look at the behavior of oil companies. those are standard pieces of the playbook. but in the end, it s going to take real realignment, changes in the demand for oil and production increases outside the united states. why is this happening, though? why is it happening now? this is just the fallout from the pandemic. if you think back to april of 2020, we briefly saw oil futures prices go negative. there was simply no demand for oil because there was no commercial air travel, there was not much travel at all. and we really just as a result, saw a lot of production cut back. there was no demand. there wasn t a lot of supply. with the arrival of the spring of 2021, opening up of the economy, a rapid increase in demand that was not matched by increases in supply. that s the fundamental problem. it will get fixed over time, but it won t get fixed by this small release from the spr and won t

The endOil companiesOil futures pricesApril of 2020Arent vaccinateAir travelThere wasn ta lotProduction cut

Нефть Brent подорожала до уровня октября 2018

Нефть Brent подорожала до уровня октября 2018
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Detailed text transcripts for TV channel - MSNBC - 20140718:21:56:00

to why the market bounced back the way with it did today in 24 hours? i think the president got it exactly right, ed. the reason the market bounced back is you are seeing here the effects of all of the speculators who dominate the market. remember, the market is driven today not by investors there for the long haul but speculators who are in and out of a stock in less than a second. so they saw opportunity. sold or bought as advantage their position. the market came back today. within an eyelash of the all time high. so the bottom line is there is plenty of energy in the world which is a speculator s dream. yes. in fact, right now the most money that s ever been speculating on oil futures prices is in the market. so the speculators here want to do what they can to enhance their profits. underlying this, there is no fundamental shortage of energy,

Ed schultzA speculators dreamOil futures prices