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after the world s largest exporters announced surprise cuts in production. saudi arabia and other opec plus oil producers announce output cuts of about 1.1 million barrels a day. saudi arabia said the move was aimed at stabilising the market. let s take a look now at oil prices. quite like you get a sense of that rise up sharply. it is the second time that the cartel has slashed production. the group also did so in october of last year, cutting output by 2 million barrels per day. let s discuss this in more detail with spencher welch, oil analyst at s&p global. we said there are a surprise cut in production. we have in getting used to prices falling as the nervousness around the world economy continues. what does this tell us about what opec is thinking? it what does this tell us about what opec is thinking? what does this tell us about what opec is thinking? it shows they are not ha - opec is thinking? it shows they are not happy with opec is thinking? it shows they are n ....
finland s conservative leader petteri orpo wins a nail biting three way election race, defeating prime minister sanna marin. hello and welcome. i m ben thompson. russia s investigators have detained a 26 year old woman, darya trepova, in connection with the murder of the pro war blogger vladen tatarsky, who was killed by a bomb in st petersburg on sunday. media reports said the explosion occurred shortly after he had been given a statuette by a woman at an event in a cafe. russia s security service has accused ukraine of being behind the blast, but ukrainian officials have denied this. a short time ago russia s anti terrorism committee said it believes the attack was planned by ukrainian secret services, jointly with people cooperating with jailed opposition leader alexei navalny s anti corru ption foundation. our correspondent will vernon in moscow has more. i m just seeing a short statement that has come in from the russian investigative committee, which is russia s ....
legend for a billion dollars over his promotion of crypto exchange, binance. plus 12 months that changed the world one year on from the launch of chatgpt, how is the boom in artificial intelligence transforming the way we do business? hello if you have just hello if you havejustjoined us, you are very welcome. i am sally bundock. i am sally bundock. we start in dubai, where, as you have been hearing, 167 world leaders and 70,000 delegates from business, charities and faith groups are gathering for the latest round of global climate talks, the conference of the parties or cop28. of the parties, or cop28. eight years ago, in paris, nearly 200 nations pledged to keep global warming well below two degrees centigrade above pre industrial levels, and try to limit it to 1.5 degrees. but a recent un report has confirmed the world is not acting fast enough to achieve the paris goals. there is added controversy, this time around, given the event is hosted by one of the worl ....
Them. Before the video released of trump making lewd comments, that figure was 64 . Hillary clinton would beat trump by five points. Gary johnson gets 8 . Jill stein is at 3 . Vladimir putin says his country is willing to consider freezing or Cutting Oil Output in cooperation with opec. President putin said he hoped opec would agree to limits on crude production in november. He said russia was ready to support that position. The largestom oilproducing nations are meeting in turkey this week to discuss ending a twoyear supply glut. Global news 24 hours a day powered by more than 2600 journalists and analysts in over one hundred 50 countries. I am mark crumpton. This is bloomberg. We are less than 30 minutes from the close of trading in the u. S. Im julie hyman. E i am joe weisenthal. Mike i am mike mckee. The question is, what did you miss . Russia ready to join opec in limiting oil production. Either a freeze or a cut sending ....
Curb supply . And what does that mean for a sector up more than 40 this year we have your power playbook. Tyler . Contessa, thank you very much stocks are off the lows of the session. The dow had been down almost 30 points right now the losses are mott moderate, about a third of a percent. The s p off 20, and nasdaq, as has been the case so often, is the laggard, about fourfifths of a percent yields are moving higher despite the higher yields, banks are lower across the board as youll see in just a moment. Goldman sachs is down more than 2. 3 . Jpmorgan a point and a half, and the financials down about 1 the semietf is turning higher, but amd, nvidia, Lamb Research lower off the lows of the session. Theres a lot of the green, though, energy, oil stocks moving up as crude jumps on the back of that Production Cut announced earlier today, over in vienna by opec contessa tyler, th ....