Melissa situation in iraq really es can lating after sunni militants surround the largest refinery. President obama said this earlier. We do have a stake in making sure that these jihadists do not get a permanent food hold. Melissa we have todd schoenberger, fox businesss and wall street journals veronica daguerre and tom sullivan. Iraq is 2 1 2 millions barrels a day. Melissa 3 1 2. I never asked them as a considered them a Major Players specially for our company. I think as far as pricing this is temporary blip only for traders. 150 billion are in reserves right now. This is a country, you have to worry about because heres a couple of things. 21 of our oil here in the u. S. Comes from iraq right now. The last thing we want to see is that oil popping up higher. A lot of main exporting happens in the south. They havent reached that yet. That is still very much controlled by the shiite. As long as that is the case i think well see some of these shortterm blips. But i think well be all r
You are the head of research for oil markets and Energy Mobility at s p global commodity insights , the Vice President there. What is going on right here today with oil and gas markets and the gas prices . Guest it is a precarious state paid we had covid and then it is a precarious state. We had covid and then the invasion of ukraine. The mobile market that we nuisance the 1990s are now coming apart that we knew since the 1990s are now coming apart. Between those who bother who buy oil from russia and those who do not pay because of higher prices, demand has started to ease. We had a Strong Demand surge late 2020, 20201 host postcovid guest postcovid. That demand has eased in response to high prices. Another key factor in the recent easing of prices is the economic slowdown in china, which typically has been the biggest source of oil demand. That has had a big impact on easing prices as well. Host explained that, what is happening in china that impacts us going to the pump in the Unite
When you come home i aint gonna do you wrong while you gone aint gonna do you wrong all im asking is for a little respect when you come home just a little bit, baby, just a little bit when you get home just a little bit note the note give you all my money, all im asking in return home, honey give me my problem when you get home just, a, when you get home, just a little bit imus in the morning ooh, this one sends a shiver down the spine of every city in america. Detroit is broke, bankrupt by any other name. Good morning, everyone. Detroit has lost control of its money. Michigans governor has 30 days to appoint an emergency manager who will make all financial decisions. Two options. The state or the feds pony up some cash, that would be a bailout, or bankruptcy where a Court Decides who gets what. Clearly, for detroit, the game is up. The city couldnt come up with a workable plan of its own for solvency, 14 billion dollars worth of debt and pensions for retired city workers, theyre at th
Announcement of a date for further talks. For example, and no indication yet of a date when they would open embassies in each country. So those are a couple of the things to look for at 11 00 today when they have a News Conference to tell us a little bit more about what was accomplished here if anything. One sign jose that there might be progress here on the cuban side is this is a copy of the local news through the week theyve note led the newspaper with the u. S. Talks. Today, though the u. S. Talks is the lead story in the newspaper. The story all about how the cubans and United States can learn to live together even though they have different systems of government. Thats a sign the staterun media, anyway thinks this is a story, jose. Thats interesting. And now the representative of the United States is meeting with some activists as well as bloggers. What do we expect for the rest of the weekend . Well they had breck fit this morning with some of the cuban distance. Trying to get a
Returning to the country. And looking for the perfect wind to pair with fish how about a bottle that itself was pulled from the sea. This is your Business Report im stephen bears in berlin thanks for joining us she jingping has become the 1st chinese leader to visit neighboring north korea in 14 years and thats a sign of improving relations between its future additional allies despite a drop in trade between them both president xi and kim jong un will want to make sure that their economic ties remain strong especially as she prepares for a crucial meeting with u. S. President donald trump and north korea seeks a Nuclear Agreement with the u. S. The chinese president s arrival on north korean soil was a momentous one clearly not everything that crosses the border between the 2 allies is weighted with such excitement most of the exchanges between china and north korea happen here the friendship bridge across the yalu river 70 percent of bilateral trade passes here between dandong and the