Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, thats just youre hurting nobody can make any money at these prices rusty points out that after seeing this, the next month, it might go to zero and thats i think a lot of it is because where will you put it maybe keep it in the ground. It is extraordinary and jarring. And i think its causing the decline. Carl, whats so amazing, it was completely predictable thats why maybe the decline isis really overdone if its based on oil if its based on other factors, i dont know it looks like oil is bringing th
Energy debt compared with a year ago despite government assistance. It was close, but england are through to the Rugby World Cup semi finals. They beat fiji, but will have to up their game if theyre to overcome the in form, defending champions south africa. 100 years of disney, and the remarkable link between a small village in lincolnshire, and the man who made mickey mouse. No Fairy Tale Ending to the weather. We start with sunshine but it will turn wet and windy. All the details here on breakfast. Its monday the 16th of october. Hospitals in gaza could run out of fuel within the next 2a hours, according to the United Nations, as it appealed to israel to allow humantarian aid into the territory immediately. Gaza is governed by hamas, which is designated as a Terrorist Organisation by many governments, including the uk. The un has called on the group to release the israeli hostages taken last week. More than one million palestinians living in gaza have been told by israel to move sout
Sunday night. You can also go to cspan. Org and watch past video of Prime Ministers questions. On tuesday, Nicola Sturgeon gave a keynote address at her partys annual conference in glasgow, scotland. She holds the title of first minister of scotland, which means she leads the Scottish Government and heres the cabinet. This is just under an hour. [applause] ms. Sturgeon i think you have just seen and heard just to much we all love you. [applause] ms. Sturgeon delegates, at the risk of tempting fate, i have come prepared. [laughter] ms. Sturgeon look after these for me. I told you he was good. [laughter] friends, leading this party of ours is a great privilege, one enjoyed by just a few people in our history. Earlier this year, we lost one of our past leaders, a true giant of our movement. Wilson had the good fortune to be born and govern in this city and to represent in the house of commons. When he became leader of our party in 1979, he was one of just two snp mps at westminster. Hopes
Eight kentucky versus number seven uconn. Highest ranking matchup since 1979. Bracket was buried this weekend. I got off i got all four final four wrong. I did get wisconsin which almost got there. Got all final four wrong. Lets do a data check. Hopefully better than a ncaa brackets heard we say good morning to all of you rooting for connecticut and kentucky. Futures negative seven. 2. 72 . Yield down to the you are the euros going nowhere since time began. American oil, not brent crude. The dow 16,400 heard the Australian Dollar will get to in a second. The dollar yen. This bears watching. This is a commodity complex known as the Australian Dollar. We are above parity. The bull market in commodity is back for two years. We picked up the bid here little bit. Theres a Little Mystery here about where this goes. Question markse coming out of china. China, the biggest consumer of steel, of coal, of copper. A middle class of china and development. I agree, the correlation in china is 100 .
Saying there needs to be an incentive within the military block. Our focus now is on providing immediate support to ukraine to help your parents defend itself against the russian brutal invasion. And the Un Security Council rush by the fire pointing to washington, his direct connection to the cyber thought of the north pipeline, while the us denied complacency. With hello and welcome to our International Robots in life, from the russian capitalist, just on 4 am. And were glad you could join us. Im tom. All right, lets take a look at the top stories of the our we begin with the laces as vital that person says the west has violated security agreements by fabricating hypocritical, antique democratic rules that russia will not allow the present made to the comments during his speech at the signing ceremony, bringing in full a New Territories, the Russian Federation presses delicate and with smokers in Strategic Security agreements. Fly into the trash we. Here is the west defends an order b