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Transcripts For BLOOMBERG Countdown 20160404

This monday morning. Anna it has just gone 6 00 here, lets talk about the oil price. It seems appropriate. We have this big interview, before the weekend. Stories coming with the saudi royal family. They are putting their money where their mouth is. Manus two weeks ago, we talked with the single biggest squeeze that went on, on record. Record short positions. They are back. The Money Managers are back. That is what the risk is telling us. Speculators have boosted their bearish bets up by 17 in the last week. That is behind part of that precipitous drop we saw on the back of that interview. They were there for five hours talking about everything under the sun. Anna checking where the oil prices now, continuing to retreat. 38. 28, wti at 36. 25. Both of them moving further from the 40 mark. Manus the brent volume is barely above average, but the wti volume is 25 above average. You have russia and iran as well. Anna it is not enough ....

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