Sue is here in Englewood Cliffs today. I am, todd. Good to see you. Were going to start with possible signs of a downturn. Bob pisani has one piece of evidence. Jackie de angeles the other. Ice brent down 10 . Good afternoon, sue. Certainly not pretty when it comes to crude oil. Couple of factors here pushing these prices down. The first would be that Global Supply right now is surging. In opecs monthly report issued this morning, total output actually went up even though saudi arabia cut its production by 400,000 barrels a day. You have the libyan supply coming online to balance things out. In that same report, opec said its cutting by 50,000 barrels per day. When you look at the Energy Sector and the etf in energy, you can see there are declines there but they are less steep than the prices weve seen the declines weve seen in crude prices. Mentime in terms of the energy stocks, lets look at three months. Lets look at exxonmobil, chevron, and bp. Not as bad as the actual prices. And t
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