Thats something to behold. Its hadding the lowest level since march of 1999. Right now well take a quick look at my board, which is current. I can see it down 4. 13 i say that because ive been practicing waiting 12 seconds to get a quote on something that im trying to give you instantaneously. Now im back on the nasdaq and i can actually see it. The coronavirus pandemic has sapped demand for oil and global storage is rapidly proefing capacity the world is running out of room on ships anchored at sea the may futures contract for wti expires tomorrow looking out to june, the situation isnt quite as dire. Its back to more of what were used to, kind of, at least in the last couple of weeks as you can see there, june delivery under 23 a share meantime, an update now on the pandemic as we bring you the numbers as we do every single morning. Here are the latest numbers. Global cases topping 2. 4 million now with 165,000 deaths. Now, the u. S. Cases nearing 760,000 with more than 40,000 deaths
This massive pileup involving nearly 70 vehicles on an interstate in virginia yesterday. Fog and black ice caused drivers to lose control, crashing into each other. Most of the injuries were minor, but two people are in critical condition. It was a rough night for travelers in denver. A United Airlines flight made a hard landing at Denver International airport. One passenger described hearing a lot clunk and seeing sparks on the left side of the plane. United says there was a mechanical issue. No one was hurt. The biggest storm threat, rain and flooding in the west, and tornadoes in the south. Weather forecaster olga aspina from kcbs is tracking the forecast. Good monday morning to you. It is christmas week, and this is going to be a very busy week for traveling. However, if you are on the west coast or traveling from or to the west coast, be aware of a storm system that is passing through that area. That is going to be leading into christmas. And then another storm that will start on
Now, straining on cvs and bay area, looking live from our camera. It is monday morning. And, it is december 30. It is time to wake up that bay area and get ready for the day. Lets check in with mary lee. We are starting off the day. With just a few isolated lingering showers. And also looking at breezy conditions. Heres a look at our Treasure Island camera. With the holiday lights. Looking at temperatures in the 40s oakland, livermore. San jose. And lower 40s. They we gone High Definition doppler. You can see that. And, as well as a san jose area. 10 past fremont. And, those out of the northeast this morning. As we go into that clearing. For the coast in the bay. We will talk about the rest of the week ahead, coming up. Take a look at the road this morning. We can see this overview map. Not too many speeds in the red. So that is a good thing. We are through that area. That is also tracking that crash. And, that fish rants road. Its on the center divider. Its not affecting any speeds ri
Of china and Germany Europe is in the red tenyear yield near 1. 95 that moved 30 basis points since last weeks fed meeting. Our road map begins with disney and the streaming wars deals with amazon and apple and 52 surge in studio, shares up 5 ahead of the bell. Plus, billionaire battles Elizabeth Warren staying on the attack, saying theyre crying about her wealth tax this as billionaire Mike Bloomberg considers a run for president. As we said, closing out a big week for stocks, new records and reach as investors weigh more china tariff rollback talk first up, though, jim, a very special show coming up tonight. Yeah, look, were at the place, i think, epicenter of what i regard as being the new wing of our defense. That i say that because it was in 1959 they created this academy. It is a very special place and im glad i have that accompany music. We want to talk about not just what is going on here, but what goes on after service, why were bringing in Kevin Johnson from starbucks. Hes on
Vote for a cut now. Host another cluster of Companies Bring out earnings reports. They are going to write down wework that severely. We can adjust our set up to manage the situation. Everyone is getting a little more scared by the quarter. Sebastian the ceo of Goldman Sachs speaks exclusively to bloomberg. When we look back on negative rates, it is not going to look like a great experiment. Sebastian the current state of u. S. Monetary policy. I would say that policy is not that far off neutral. It is accommodative. We are slightly accommodative. I worry about the policy space we have. Sebastian that is all straight ahead on bloomberg best. Sebastian hello and welcome. This is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. Sunday, saudi aramco announced plans for an initial public offering. On monday, there was speculation about the valuation of the