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Global oil prices have hit their highest in four months after two drone attacks on Saudi Arabian facilities on saturday. Brent crude has jumped 10 to over 66 a barrel. Aramco is the Worlds Biggest Oil producer and one of the worlds most profitable businesses. Around 5. 7 Million Barrels a day have been cut by the attacks, thats roughly half of saudi arabias oil production. Oil prices have eased back slightly after us President Donald Trump authorised the release of us reserves. Aramcos affected facilities at khurais and abqaiq produce around 8 of the worlds oil supply. Bob mcnally served in the Bush Administration as its Senior Energy advis ....
England keep some sunshine throughout the afternoon. What a difference the temperatures are making, 20 is the maximum here. That weather front slowly meanders south and clears the country, meaning the skies were clear. Temperatures falling away, widely into single figures first thing tomorrow morning. Maybe even low single figures in eight fewer areas. There will be a bit of patchy mist and fog, quite an autumnal feel to the morning, on the chilly side. But lifts away and tomorrow is pretty straightforward. Dry, settled with sunny spells and still a nagging breeze up into the far north of scotla nd breeze up into the far north of scotland and some thickening cloud to the north west by the end of the day. Top temperatures, i2 20 quite widely across the country. The High Pressure drifting east, quietening down considerably. Across the top of that high, light patchy rain moving into the far north of scotland. Elsewhere, try, settled w ....
The former fed official draws criticism after suggesting the central bank hold back on stimulus that would help Donald Trumps trade policy and reelection. The president s deadline. Italys political leaders meet today seeking agreements on new government. Failure could mean a new elections as soon as november. Bp exits alaska. They sell their business in the state for 5. 6 billion saying it is no longer a competitive investment. Good morning. Matt good morning. We are looking at bund yields down to 70 basis points right now. Take a look at the threeday trade. Yields continue to follow how lower fall lower and lower. For the most part, futures are pointing to a negative open right now. We have futures down just marginally on dax futures and ftse futures. Futuresowing cac falling more significantly. Anna we look at europe versus the u. S. We will see how that levels itself out. I have a mixed picture coming through in the asian sessio ....
Down from yesterday. We can see the glaring red in australia, that is what is following the u. S. Treasury move we saw overnight. 10 year aussie bonds up 10 basis points. They yelled at the moment. Yield at the moment. Take a look at treasuries. Yield, we areear well above 2 at the moment. We are slightly lower in the asian session. 2. 13 for your 10 year yield. With the japanese 10 year, jjb at 10 basis points. Speaking of the trade data, it hasnt looked pretty in china. China,prise index for emerging markets, and the world. At this point, we are seeing all of that in negative territory. This traded at we are about to get doesnt look like it is changing that story. Rishaad 43 minutes before the indian session gets underway. We have u. S. Inflation data. We are looking forward to indian inflation data. Looking at the bond market again, it is on a tear. Yields falling below 6. 5 on the 10 year. ,ooking at the ruby, rupee another move up for the currency. Lets get over to beijing to seli ....
Troubled travel operator thomas cook begins rescue talks with banks and its largest shareholder. And englands netballers start their World Cup Campaign tonight with a match against uganda in liverpool. Good morning and welcome to the bbc news at nine. The American Military says its trying to put together a coalition to protect commercial shipping in the gulf after the royal navy had to intervene to help a british tanker which was being confronted by iranian vessels. The foreign secretaryjeremy hunt has promised to reverse cuts to the size of the royal navy if he becomes Prime Minister. Rising tensions with iran have led to uk merchant vessels being placed on the highest security alert near the strait of hormuz. On one side are the arab states, including a number of key allies. On the other, iran. Between them, the ....