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Bloomberg Radio New York

Automatic TRANSCRIPT

Thank you all pack is out with its annual world oil reported paints a grim picture for the group all pac projects demand for its oil declining it shares of world markets shrinking as U. S. shale continues flooding the market we get more from Bloomberg Stewart Wallace in London there's been no sign from within I Paxson research that we're about to me and I had to turn around in the global economy and suddenly everything's looking very sick and so they're looking at exactly the same numbers everyone else and I think that coming to exactly the same collisions as most people in most asset classes you know it's gonna be troubling time at the next year or so no well reversed earlier losses on that report right now Brent's trading at sixty two dollars eighty two cents a barrel again of one point one percent while West Texas intermediate is at fifty seven dollars five cents a gain of nine tenths