Stay updated with breaking news from Em oil. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
But the bond proxies are back and they are big, the car sector an similar stories like that are selling off. German tenyear yields catching more of a bid. Something i want to highlight this afternoon is we are seeing emergingmarket currencies being sold off, including the russian ruble and the south korean south american rant. South african rand. For a bloomberg scoop, sources saying Chinese Stateowned entities are in talks to invest 5 billion to 10 billion in aramcos ipo. This comes as saudi arabia seeks commitment from friendlier governments to shore up the sale. We are joined now by our bloomberg reporter. How much is this impacting u. S. Markets and analyst today who might be interested in the ongoing deal . We knew this was going to get attention from a lot of the big sovereign wealth funds, they were going to be the folks to put their money behind it. This is a huge deal for china. Most people want to wait to see what kind of ....
Oil is down too much. We have had a huge runup. We are off 232 points. Look at the stocks that are leading. Caterpillar. Chevron. The cell ibm. Those five dallas. Combining. The price of oil. That is where the real news is this morning. Very close to what we call a for handle. 50. 2. 35. To gasoline. The National Average for gas to dollars 0. 19. Aaa sees u. S. Drivers saving 75 billion on gas this year. Look at the map. The 1 club expands to seven states. Sound the trumpet. The cheapest gas in the land. 1. 42 for regular. Almost worth driving there. Airlines are getting a huge benefit from tumbling prices. Southwest is rewarding travelers. You have a big meeting. Southwest is having a sale. Fares as low as 73 oneway. Stuart i thought that was an ad for starbucks. [laughter] look who is here. Cheryl casone. Cheryl there is a forecast out there. About 5 that we will see a drop in air fares in 2015. Stuart they are under great pre ....
At least, appears to take a page out of the us. Play a book on how to peter political opponent, as ousted premier iran con, faces arrest censorship and criminal charges. Much like the former us President Donald Trump. The headlines from all corners of the globe. Welcome to the program. Its awesome. Now the car bombing death of journalist diarrhea do going to in moscow shows the criminal character of the ukrainian state. Now that is according to russias envoy to the United Nations who plans to raise you see, what Tuesdays Security Council meeting is remarks came off the Russian Federal investigators linked to the killing the key of special forces and released the video footage of the main suspect ukrainian woman who came to russia a month ago and ....