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Transcripts For CNBC Street Signs 20180119

Blaming uk Consumer Confidence and pulling the rug from kingfisher in the sector. And your move, senators. A u. S. Golf. Shutdown a imminent address lawmakers try to round up enough votes to avoid it. The pressure is on the senate after the house passes a shortterm spending bill the iea is forecasting a big increase in nonopec crude production over the course of the next year. It expects the pick up in oil prices to spur higher levels of shale production in the United States but the iea says the recent rally has the potential to rupp out of steam as higher prices weigh on demand. Joining us from paris is Neil Atkinson from the iea. Thank you very much for joining us the question i have is about what is going to happen with the opec numbers weve seen them last year try to curb production. Weve seen that spur this higher price. Thats encouraging shale producers to get back into the market that could depress that price. Is the only solution for opec for that greater demand . You could arg

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