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U. S. Secretary of state john kerry urges the new Iraqi Government to stabilize the country as washington embraces a new Prime Minister as a positive step forward. Friends, family and fans worldwide are in shock today over the death of Award Winning comedian and actor Robin Williams after an apparent suicide at the age of 63. Announcer youre watching worldwide exchange, bringing you business new from around the globe. Good morning, everyone. Lets kick off with the iea report. This is the key take away this morning. Lets have a quick look at oil prices as light crude down by 0. 87 . Brent youre lower by 0. 7 . I want to get more commentary from the iaa report. It has been cut to 1 Million Barrels per day on lower than expected q2 deliveries and weaker imf gdp outlook. The crude oil supply rose by 300,000 Barrels Per Day to 30. 44 Million Barrels per day in the month of july and that is actually a fivemonth high. They also say that the oil market today looks better supplied than expected

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