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Over two days, as the biggest oil etf dumps short dated contracts once again. We will speak about this and earnings with the bpce l, Bernard Looney, coming up shortly bp ceo, Bernard Looney, coming up shortly. Aboutl speak to the ceo the impact of coronavirus and the business shortly. Get to some numbers coming through this morning. We have got numbers coming through from bp this morning. They are talking about how the industry has been hit by supply and demand shock. They remain committed to delivering their net zero ambition. We heard about that back in february or so from the company, from Bernard Looney, the relatively new ceo at the helm of dp. First quarter dividends bp. Dividends, so maintenance of that dividend at least at the same number. Bp saying it had around 32 billion of liquidity available at the end of th ....
Dose of downgrades today, well find out if any of our traders are touching our stock shares are lower right now as the companys Conference Call is underway well break down any of the big headlines that come out. We begin with an historic collapse in energy prices. Oil falling below zero dollars a barrel for the First Time Ever the main contract tumbling more than 300 to around minus 36 a barrel yes, minus 36 a barrel. The more actively traded june oil contract also falling hard in todays session look at what happened to some of the energy stocks. The etf held up. Are there stocks that are presenting some big opportunities in this crude collapse guy adami, could we be seeing some sort of a sign of a floor for some of these equities wait a second, we dont just go right into the show i think the last time you were request us was probably december 5th or 6th, is that right . Ye ....
Anything can be done also coming out of the global brain spoke around a virus vaccine a term a company wince approval to stop the countrys 1st Clinical Trials with humans. Also on the show with humans unlocked on the outside world once again belongs to birds and beasts its a new scene for filmmakers to capture but is it anything new for the environment. Im here if i must and welcome a virus that could make us sick and leave us hungry the u. N. World food program is sounding the alarm over Food Shortages caused by the coronavirus endemic saying we could soon see famine self to biblical proportions the ws he says there already 800000000 people without enough to eat and the fanatic could force 130000000 more to the brink of starvation by the end of say you. Are. Dont try to move doc the latest invasion no could stop threatening to destroy what crops they have left in a country ....
This is a session we have made to make easy. Enough gonzague. That i dont. Know many people who. Received the unit. Even if you mean. Even savings and. Dizzy among those dizzy among most folks and this is. This is it doesnt think that my idea into this special case here in this area are standing right now its company wasnt. Libbi. Wont do any. Number. Thing about. P d r k k is a subsidiary of the mocking croak the mocking cruel beast there fretting directly responsible for this disaster the mocking crops applies to wilma wilma supplies unilever and you only live in markets is a product under 400 different brand names in supermarkets. In my country unilever its the claim that they use 100 percent sustainable oil. And ill try it there are thousands of sustainability and quality labels but down known relevant liguori going to nations for this business it is a turnover of 37000000000 euros a Year Companies and is has he asians in all ....
That decline we saw yesterday. U. S. Equity futures are bouncing back a little bit. S p futures indicated up if you are looking at the treasury yield the 10year looks to be yielding 39 the twoyear down at 4. 4 . The 10year, if you are trying to behalf full, that is something you point to we are down watching the close for some type of stability, it went down 2,200 or 2,100 even if it rebounded yesterday, you were hoping for a strong close. Fridays, theyve been okay. You would think maybe there would be a selloff the past two fridays thus far not been that way. Well see if things are different. We are talking a lot off camera and on camera all the closings you were talking about. That was unbelievable yesterday. I was watching a big east game i was losing and they canceled the game at half time. They canceled march madness. You saw everything, broadway and everything i was worried about the c word yesterday a crash yes that c word. I dont even like talking about 1987 that is pretty clos ....