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Transcripts For CNBC Worldwide Exchange 20141014

Warns of the tough trading condition ahead while we plummet on yet another profit warning. Investors all eyeing a host of key cities stateside with jpmorgan and wells fargo kicking off banking earnings. Announcer youre watching worldwide exchange, bringing you Business News from around the world. And were just getting the ieas oil report. Oil has fallen for the Third Straight month in october. It dipped below 90. Its down now 20 since june. The reasons are abundant supply, Strong Demand growth and a strong u. S. Dollar. In particular, it says, quote, while abrupt slowdowns in demand in q2 is coming, supply growth looms larger as a factor behind the recent easing of oil market balances. So it is supply growth more than weak demand leading to its weakness. Absolutely. And the iea rising to a 12month high in september led by ....

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