35 Burst results for "WTI"
How To Love Your Body
"Hello. Welcome to Diet Starts Tomorrow on Alien I'm Sammy and this week we are so so so it deserves three so's to share the all are amazing guests we have Sarah Nicole Landry also known by all of you as the birds Papaya on instagram maybe you're one of her one point seven, million instagram followers or you know her from her famous post about self love and body positivity will come Sarah. No well. Thank you so much for joining us coming on this podcast I mean we have been talking extensively about the process of loving our bodies like the few of us have been. We recently leaving diet culture at recently like of the last year I would say, yeah, and so the whole except we talk all the time same and. Yet text twenty, four seven were always talking about like how loving and accepting your body is is almost the case the key. Wild. It's. So it's one of the only things that we actively like I don't I don't mean to compare it actively too many other forms of addiction. But when we're in this form of recovery from Dia Culture dieting or even if you were as both ledges like eating recovery from disordered eating, you have to exist with food every day you have to exist with this advertising every single day these bystanders every single. Day It is like eight doesn't just like all of a sudden you wake up and you're okay with it I think you just constantly learning the tools as you go I still feel so new and honestly when you say you're a year into kind of like unpacking this stuff I'm like still within the last three years now pregnant. So it's like as soon as I was like, Hey, I've got it. It's like Now you will be all the way walk in your body will change and you can't exercise anymore everything's going to be. You're going to have to eat mashed potatoes look for three meals a day. Everything Kinda the second. You feel you've got it stopped Kinda comes back at you. So it is such an interesting conversation. Why don't think should ever truly go away because we are unpacking and and kind of. Like retroactively saturating market that has been so prevalent in all of our lives and in the history of women and men and everybody for years and years and years. Yeah and even on top of the food that we're constantly faced with you know the three meals a day that were just generally used to having when you I think the other piece of it that that is so unspoken because it's just like a a given are the images of images that essentially suggest been equals better and there are many ways that were sent that message through images but I Since this has been a major piece of work for me I've noticed I've just become a lot more in tune with like how different images of food or bodies are are affecting me and my you know I noticed that when I see you know like One of those images that is sort of like projecting the idea of thin being goal. I immediately, like I go back to, Oh, I have to look like that and it's and it's crazy because like I never even like occurred to me that that was driving so much of my by decision making goals. Yeah, and how can it not I mean it so deeply embedded. So for a lot of us we we think we're just existing in surface level life and thoughts, and then all of a sudden it'll be one thing and it brings you back like so far like to to to this point how To this point. Extinct about the first time. Somebody ever made a comment about your body that hurt your feelings in a way that like stayed with you I can remember and I thought about this a lot I was in grade and I just come home from a family vacation and on this occasion I buy New Velvet Corduroy Light Purple Pants, and I had a velvet. crushed. Crushed velvet crop top daisy shirt a similar color was this matching sack. They were flares I loved. It was so exciting for me and I showed up to school this day and this one came up to me and he goes oh Sarah good to see her back from vacation looks like you enjoyed enough burgers on it though a like kind of like pointed out my stomach. This is the thing that was like over twenty years ago it was twenty three years now and I still remember what I was wearing where I was standing what was happening. So we have these instances were almost embeds our in our brain like a trauma. So even when we see these images when we talk about triggering a lot in the mental health leg languages, WTI can trigger a diet culture so much. To you and your brought back to those comments, rob back to that time to that one person to that one instance to that one change room were canceled and get up the same way that they used to. It just brings you back into that seem you know fears and fat phobia over and over and over again? So it's it's a constant learning of what we have been subtly been our entire
When Zina Speaks, You Listen
"Hi everyone welcome back to the body. Serve I'm James. I'm Jonathan. We, have something very exciting today. This is kind of a surprise episode for you all and it is something that we have never done. We have had players on the show before little cute, little ten fifteen minute segments, but we've never had a former player. Sit Down with us today. The Legend Zina garrison sat down with us for an extended chat about her career about being an African American woman and tennis about today's. Today's game and just took us through some of the highlights and some of the insight. She's gained in her illustrious career, on-court and off court. We've been hoping to get this interview for a while, but the timing really couldn't have been any better in doing it. No, because today when you're it well, it's yesterday for us today. When this episode is released will be the thirtieth anniversary to the day of ladies e making. Making the Wimbledon final in one thousand nine hundred beating Monica Selous snapping a S- Thirty six match win streak in the quarter-finals beating number one Steffi Graf in the semi-finals Steffi who had reached the previous thirteen Grand Slam finals, and then playing Martinez to love in the final. We talk about healthy Gibson. XENA had a personal relationship with her. One of the stories that you've probably heard a lot of recently. Is that out? Out the Gibson was in the locker room at Wimbledon right before that that final in one thousand, nine hundred, talking about champagne, maybe adding little pressure, but it's a amazing to see these two generations of pioneering players end up in the same police at that one moment. Zena is unfiltered. She tells you what she's thinking. She says on the show that I don't always talk often, but when I do you know it's important. Aside from her Wimbledon final which you've heard a lot about recently Zina. Garrison is an Olympic gold medalist in doubles with Pam. Shriver and one thousand, nine hundred eighty eight Seoul Games. She is the bronze medalist in singles at those same games. She made the quarterfinals or better at a major fifteen times. She won three grand. Slam mixed doubles titles to at Wimbledon One Australia fourteen time WTI tight list. She is one half of the first ever all. All black WTI final in one, thousand, nine, hundred, six ECKERD, open and the court. She was the USA team captain at the two thousand eight Olympics, she was fed cup. Coach for a number of years and the founder of the Zina Garrison. Academy, which has talked literally tens of thousands of children in Houston to play tennis. The work that Xena has done over the decades with her academy is so phenomenal, and as you can imagine, these are very. Times for all kinds of businesses let alone not for profits, and if you are able to please consider donating to Zina's academy. Zina garrison dot org and make a donation. To to help the kids in Houston continued to get such fabulous instruction free of charge, yet is important to mention perhaps as a preamble to this episode a prologue you can listen to our previous episode on Zina Garrison, which was entitled Wiggle at Legs Zeno, we do ask Xena how we got started in this interview. That's a little bit of supplemental listening. But for now here's our chat with Zina and we hope you enjoy it. Thank you so much. For chatting with us now, no, no problems China stat of this Houston Corona. We don't have it's been really bad here so I was just GonNa ask. How's everything going there? Now we're have had major spikes, so it's GonNa be interesting. So, you mostly staying inside Kinda minding your business. Yeah, not really bad allergies, too so they had the African dust here last week, so when trying to be a net again. Thanks for doing this just a little bit of a preamble as to how we were kinda hoping to do it. We're just GONNA. Run through a few things of your career and get your reaction to it possibly. A Tang into some of the stuff that we may have talked about on the previous that we did as well are you guys seem like you know me so well I. Do. Now Want WanNa. Hear it from you. You've been getting so much press this last month because of the thirtieth anniversary of your Wimbledon final. Did this catch you off guard? Yeah, did really kick me off guard for for two reasons first of all that it was. It's been thirty years like I. You know. It just blew my mind that it's been that long and then the other thing is that so many people had been talking about. Remember. When it was all happening and you know one of my friends. Even call and she's like you're. tweeting on twitter and I'm like what? And so funny because my phone have been going up but I didn't. Never really happens. I didn't really know what was going on. Sounds pretty cool, so this is the first time then that you're just minding your own business, and you're just brought back into tennis because of your career because of social media. Yeah, it's not what ends one guy from England that Chris Ghosn. He always puts stats on there, and so you know sometimes he'll you know bring? He makes me I tell him all the time. He keeps me relevant, but he comes up with these stats out of nowhere in plug. This one just kind of took off so I think because they don't have one with him right now. It's you know it's. It's an people's line because this is the time so.
Former Player and Agent Donald Dell
"Everyone John Wartime here is this week's sports illustrated? Tennis podcast is also the first week of Wimbledon. He says wistfully our guest this week. Is Donald Dell? Donald is a former player a promoter broadcaster at agent. He's worn many hats, not unlike Bartholomew Cubans. He is also worn many at once. Donald is still force in tennis. He wrote an op Ed recently in the Washington Post, about the prospect of combining the men's and women's tours, so we talk about that. We talked about where tennis is right now, and as a bonus, Donald signed Michael Jordan out of North Carolina and especially after last dance. We talk about Michael Jordan so some non tennis bonus coverage on Michael Jordan and a lot of good tennis. Talk here's Donald Dell. Appreciate you doing. How are you doing? I'm doing fine We've been lucky I've been home since about March fifteenth, but my two daughters, their husbands, and our two grandchildren, five and seven are about thirty yards from where we are, and it's like one hundred twenty day thanksgiving. It doesn't sound bad. Yeah, let's I I. Don't know but I got a couple of things to bring up. I. Did want to talk about the the op-ed you wrote. Wrote thought you'd be a good person to talk about with the the tour merger, which has been eclipsed lately by a Co bit in the US Open, but this was sort of a hot topic, and everyone says the same thing which is great idea. The devils in the details, so let's let's advance that. How do we exercise those those devils details? How do we push through? So this becomes more than. In abstract idea that we need to negotiate what what are we doing to make this happen? Well I I think I think more than that. The Devil Devil's in the the leadership in other words I think it's GonNa take strong leaders it both part, both groups to get done, and I think Steve. Simon, and Mickey Lawler. Are Really, veterans, and and well respected, and well like Gatanzi the new chairman of the ATP I'm told his very smart very capable. And I. Think if the if they wanted to really do it, they get together. And then it takes a lot of support. You Know Billie, Jean and Roger, and some of the leaders in the game. All got behind it, then you. It's sort of like all the protests out there today you gotTa. You gotta move the ships and it's a big alphabet soup that everybody sort of fights for their turf. The ATP tour. Has Really established itself, but it's not part of the grand. Slams not far the idea. And not that that they want to be I don't Miss Other Sami, but I just think. Recently in the last six or eight years, the ATP tour has not worked very effectively in some senses because they've been voting in blocks the three tournament directors vote together. The three player reps vote together, and then the chairman's left. There was hanging vote and literally one vote because he always makes one side unhappy in the last two chairman. If you review John have been fired. Because one group didn't like how voted, and they need a super majority of forty two to extend. His contract so his contract ran out. In the last two cases now I'm told by people that very close to respect the Gal Gal Danzi is quite a different. Person needs a very strong leader, very smart and media and he really gets it. I just think for the sport It would be really helpful to have the two groups. Merged on a on a simple basis, and the when you talk about the details, you're right but I think the simplicity is what matters keep it simple stupid when you want to merge the to start with you don't have to have exactly the same boards, the same voting members, but come in and merge it, and have you know five or six basic principles and truthfully. We, found out in Washington with the city open that Iran for fifty years literally for the WTI ESPN Tennis Foundation. That We. We had a men's only event for forty two years, and then city came along our title sponsor, and rightfully said look fifty one percent of our clients. Bankers are women, so we're not gonNA. Unless you'll bring a women's tournament into it and we did, but it was a problem because there's a bigger women's event at Sanford for seven hundred thousand, we were only allowed by the rules for two fifty, but guess what. The ATP the minority of the ATP ten percent fought it tooth and nail. They didn't want it integrated tournament. And I to go before the board three different times, and swear up and down that we give him favorability on the scheduling of the Center Court. Scheduling, transportation scheduling practice courts. And it just didn't. It's working okay. And the women, the best women like to play Washington but now under the new WTA rules. We can only sign one of the top twenty in the world in order to protect the other event. That's raising more prize money by seven hundred or more, so those kind of problems out to be worked out and the ATP tour really needs to get a stronger with this membership the the the vocal minority, which is really only about ten or twelve percent, and it's always the complainers on the tour. The to aboard knows who they are, and they're always ranked between one hundred, fifty and three hundred,
Oil tops $40 on OPEC cuts and demand recovery
"Energy street shares in the state's track the price of crude oil higher WTI in New York was up four percent we settled thirty six eighty one there continues to be a fair amount of optimism that we're going to see an extension of those record production cuts on the part of OPEC plus right now W. T. I. thirty seven fifteen so we're up about that one percent in the electronic
OPEC Chief Optimistic That the Worst of Oil Crisis is Over
"Up OPEC and its allies are rapidly cutting production and seeing signs that demand for crude is starting to recover OPEC secretary general Mohammad Barkindo told Bloomberg that he's hopeful the west of the old crisis is over but is he right we asked Coliseum standard chartered economist for me not tacky I'm Pakistan eleven of excess supply best oil markets hi speed in an eighth grade was indeed unprecedented we actually estimate that the average around twenty one point three million barrels per day and looking ahead we think that the oil supply drops will likely close by July so we're seeing positive signs that the Marlins would likely grow old and die reply from OPEC's stock would continue to fall especially with the addition and **** announced by Saudi the UAE the UAE and Kuwait are you certainly has accelerated this process but even when the snow on balance restored in July there are still several headwinds that are likely to be fractured week markets would still be faced by the head when the high inventor used hi OPEC's spare capacity and also the need to re incorporate non OPEC output output which has so far been temporary be sufficient so there is a risk that if prices value too far and too fast especially if we see WTI breaks thirteen dollars and a sustained minor this could cause the return of some U. S. wedding after a very short period of second and yet when we look at that car good morning to you when we look at the U. S. side of the scenario JP Morgan thought one and a half million barrels will come off the U. S. side by G. that's not actually taking effect the shop in effect is that and you've got conical continental in several taking seven hundred and fifty thousand files also is not the biggest tail risk is that shale reasserts itself more virulently perhaps in the market positions it's certainly part of the equation and it's certainly a risk especially if we need prices rise quite fast and you already have some reports that current prices are causing the return of some U. S. flags after only a very short period of second generation network considering but also the fact that we are dealing with an overhang and and the battery is under OPEC's spare capacity all of these three factors together might keep prices depressed for the rest of the
Sabatinis stylish dominance; Nadal and Federers 2006 classic
"Amy Thank you so much for your support and to everybody that bacteria kickstarter at the end of last year which enabled us to carry on all year long and produced the tennis podcast four. You hope you're enjoying it. We certainly are catherine say. Hello Catherine David. Hello Matt. You're right. Hello yes fine. Thank you good. We have had the most wonderful weekend watching old tennis matches from Rome which we are going to really have with you today from nine hundred ninety two. The story of Gabriella Sabatini is extraordinary. Run in Rome for titles in five years and also talk about how more generally she's one of those players that tends to get forgotten. I'm afraid to say including bias. I can't think of many times that we've mentioned the name Gabriella Sabatini over the last eight years of the tennis podcast. And we're going to put that right today. She also turned fifty as well over the weekend. So feels like a good time to do that. And we're going to go back to the two thousand six men's final between Roger Federer and Rafael. The Dow a dare say many more of you will remember that one and maybe some of you watched it with us over the weekend so lots to talk about before we do that. Let's just mention the news of the week. Which is that more? Tennis TOURNAMENTS HAVE BEEN CANCELLED UP until July thirty first on the ATP circuit and the events. The wheelchair events have been announced on the men's side tournaments like a start Baastad Kitzbuehl in Newport or cancel because of the corona virus. And we await to find out what will happen with the American swing in August. But I mean it doesn't sound great so we'll have to wait and see several WTI events until mid-july cancelled as well but no great surprise. I'm afraid Catherine I should say as well following on from songs that could be used for the corona era a particular mention for EJ Stanton on instagram. Who suggests don't stand so close to me from the police. Yep Yep acceptable. Yep that's yeah. I've heard that mentioned a lot of the lowest we were going for more. I don't want to diminish EJ's contribution that we were going. Ooh For more specifically songs that reference the absence of crowd right so rather than sort of general corona virus social distancing song bags which which I feel are. Is anyone else a bit over sort of Korean social distancing song just over the whole thing generally? It's a very very difficult time for cynical people with a dry sense of humor because there's a loss of well intentioned sort of sickly happiness in sort of we're all in this together in we'll come through this and have you considered crafting. You should be crofting. Oh we're GONNA come out of. This is best move well rounded people and you know people that then you bunny the. I'm so over all of that. This folks is Katharine Whitaker. Who has just shown irs her two thousand piece Jigsaw which makes two in a row that she's not together now and she's also about her fiftieth podcast to the air with two weeks worth of dailies to come during Roland Garros Peppy Catherine. Yeah but I'm not. I'm not smugly telling people if you considered podcasting it's it'll make you a better human being during these challenging times. Stephanie my better I have. You always Dunk Jigsaw. No I mean I have on occasion in over the years done the odds Dixon L- but nights definitely I. I'm not doing this to to self improve. I'm enough to pass the time. I'm just impressed. Because not cool or anything they might even be able to hear me through the wolves but my parents started kick those and they're really not very good at them. How can you be? How can you be bad at jiggles? Unless you've got bad eyesight you've done you've done about five of them in the space have been out of the night soaking souls. We're talking two thousand pieces. My parents struggling with five five hundred faces. Maybe they need help just handed over to my kids. If I was doing a jigsaw. There's no why upbeat during it because I just lose know these inch. It's IT'S GONNA sound like one of these awful peppy. People is the IT. It's it's very mindful. It gets me off my phone hawks. Group it it's very it's you can still sort of be watching the telly obviously not physique. And have something on the tally in the background. And be paying attention to it but it gets you off your phone sort of it. Concentrates the mind. Oh God I hate myself move on. Can Multitask is what you're saying? Awesome specifically cannot multitask. So I would say it's a nonstarter. Meanwhile folks we have been putting photos on social media channels of ourselves in one thousand nine hundred ninety two where possible because Matt didn't exist nine hundred ninety two and two thousand and six respectively Matt has created quashed a picture of a tennis magazine on which he as a child prodigy is on the front cover wielding his racket. Like Richard Gasquet aged nine. Except there's no strings in the racquet That's the away so walk away. A few people were taken in by it. It's my absolute probably favorite thing. That's ever happened to me. That people actually think I was on the cover of Tennis magazine. Age Ten it was just at Wimbledon in the. Lta Tent way you could go up and have your have your photo taken in front of a green screen. And they were then imprinted onto ace tennis magazine. And yes they put up there alongside the words the not a the future Wimbledon champion going to all future Wimbledon. Men's having experienced his game. I can tell you what could have happened to a young Merrin Chile church in appearance. Yeah not sure what to say about that. Well he he opened so I'd go with that. Yeah no great. I'm in favor of all. Comparisons to professionals plays a singular. Us Open title is not all Wimbledon. Titles there is it still in underachievement relative. I don't think we're actually doing any matches from two thousand seven for tennis relived. Who knows how long ten is live? We'll be going on. We may have to come to two thousand and seven at some point but I actually went back the following year and appeared on the front cover again. Let's just put it up as a sort of extra what the people working uniform and that one.
Why Negative Prices Exist and What They Can Teach Us
"Last week? The price of the May twenty twenty West Texas intermediate crude oil futures contract known as WTI fell to as low as negative thirty seven dollars per contract that means the holder who was long oil was willing to pay to exit the contract. Cnbc markets reporter. Pippa Stevens wrote on Monday for the first time on record west Texas intermediate the US oil benchmark plunged below zero and into negative territory before Monday. Many thought this was impossible. Maybe just maybe it could drop to zero effectively erasing. All value but negative territory seemed unimaginable. Not least because it's hard even to wrap one's mind around it pay someone to take your oil in this episode. We're going to see why oil prices went negative. We'll also look at other examples of negative prices and why they exist and what we can learn from them. The WTI futures contract has a physical settlement which whoever holds the contract when it expires receives a barrel of oil the contract settles in Cushing Oklahoma. That's where that of oil is delivered if he owned the contract. That's where you're going to get your oil or at least arrange for somebody to store it for you. Us crude inventories are near an all time record high. In cushing Oklahoma. Seventy percent of the storage capacity was four as a mid April and a Reuters. Article suggested that most of the available space already leased out. There's nowhere to put that oil. That is being received as part of the future contract settlement. Now the May oil futures contract has since expired and now the June oil futures contract is the front month contract that will expire in the third week of May. Yesterday the June contract fell twenty five percent just under thirteen dollars. They United States oil. Etf USO fell fifteen percent. It has lost eighty three percent year to date leveraged exchange traded funds tied to oil have shut down. They lost all the money products by wisdom tree. Ubs and velocity shares which is owned by Janice. Jim Cramer said there are times in life where people know that there's an instrument that is faulty and they can shoot against that instrument and bury these people there is this financial problem people who are buying the USO that United States oil energy T.F. Bay our financial people. So if you're a real person or you're a large contractor a large player they can wipe out the USO in. I think that's been what's going on. It's not a conspiracy. It's a reality when you have an organization that can't take delivery. Well you should crushed that organization every time and that's what probably happened. Who are these people that are getting crushed that own USO? Well some of them are retail investors. But most are institutional investors John Highland. He's now retired but he was the former investment officer of the United States Commodity Fund which manages USO. He pointed out that eighty percent of USOC shares are held by non retail investors hedge funds include energy trading desk and other professional players the purpose of this ETF was to allow investors to get exposure to the front month contract of oil at the end of twenty nine thousand nine. It had one point. Two billion dollars under management and the vast majority of its investment at the end of December was in the February wti crude oil futures contract that expired in January every month this ETF would sell that contract right before it expired. And then by the next contract in order to make money it needed to sell that contract for a higher price than what it paid for it right now when you look at the price of West Texas intermediate crude futures contract or is a steep premium as you go further out
June crude futures extend losses, dropping nearly 25% to $10.30 a barrel
"Yeah I mean what happened in the oil market yesterday so let's get to the markets WTI down seventeen percent were just below eleven dollars a barrel all that we plunge twenty five percent yesterday was about the biggest oil ETF U. S. I'm selling down its June WTI contracts without exacerbated the volatility is sold all his holdings in the June WTI contract what you saw was a widening in the spread between the June and July a double chocolate tracks as some people trading around that and you do start to question how much more volatility we might see until the contract expires on may of the nineteenth Brent down five and a half percent to eighteen eighty nine dollars a barrel and of course the backup tool this is still concerns about Dimond and of course concerns about storage U. S. produces has started making crude deliveries to the country's emergency stockpile as that storage space is running out of in terms of how that played out in other markets interesting you actually saw the S. and P. five hundred at its highest since March tenth yesterday so didn't seem to reverberate too much across equity markets U. S. futures right now all over the weekend on two tenths of a percent own S. and P. E. minis were flat on Dow and nasdaq futures in European equities we were seeing futures slightly positive and now that we're actually into the open six minutes and what just up a tenth of a percent so a little bit of positivity that but nothing much to shout about the ten year treasury yield steady on a sixty five handle quiet in European bond markets as well ten year bond yield ten year gilt yields go no weapon in terms of FX you're releasing some narrow ranges in most of G. ten other pre but dollar index is up two tenths of a percent and it's largely under performance in the key we that you're seeing and that's to do with a rate cut bets around the all B. and said because of a note out from westpac already covered oil so that sit in the market today
Closing prices for crude oil, gold and other commodities
"A volatile session for stocks with traders focusing on drug trials oil prices and new jobless numbers as we head for the closing bell the Dow is up a hundred points or half a percent the S. and P. and the nasdaq both have games of a fraction of a percent higher oil prices were helping stocks WTI crude futures up twenty one percent with a barrel of oil just under seventeen dollars the markets seem to be unaffected by the latest numbers on unemployment claims another four million people filed last
Federer: WTA/ATP Should Merge - our reaction; John Millman nearly retired, then beat Federer - our interview
"Hello everybody another tennis. Podcast for you won't we weren't planning to bring you a couple of days ago but you know we just can't get enough of this and the so much going on and yes okay. There's no tennis but the stuff to talk about and we've got an interview with Joe Millman for you so we'll have that later but Catherine is here. Catherine David Selamat had David and the reason. We're convening altogether now. Not just having the Joe Millman interview which had been the original plan until about four hours ago is about twelve twenty eight pm today. Russia Federa- tweeted and what he tweeted was just wondering am I. The only one thinking that now is the time for men and women's tennis to be united and come together as one at which point Catherine and I wanted whether this was a teaser to a bit of content that might be coming out between the two tours because they've been producing causes loss of that and then I thought it can't be that cooked because I mean we've had instagram and lives law but moments later he said I'm picturing a merger between the WTO and the ATP I'm not talking about merging competition underscores but merging the two governing bodies the. Wta that oversee the men's and women's professional tours it's too confusing for the fans when there are different ranking systems different logos different websites. Different tournament categories. It probably should have happened a long time ago. But maybe now is really the time these tough times in every sport and we can come out of this to weaken bodies or one stronger body. Now when you hear that when you read that out loud that is pretty strong stuff catherine and and have to. I mean okay. We've been moving towards that in terms of little bits of Combined content under brand of tennis united. And we've had a heard an interview that has been put our way by the of their new seat in the new chairman and drag at NC Talkin about more and more collaboration. But for Roger Federer to come out apparently unsolicited and just say it's time to merge the tolls that was bombshell stuff ready wasn't it behold this novel an exciting idea. Yeah it was pretty bombshell stuff. I mean obviously. It's a good idea. Obviously Reid you. The way you read out these tweets. That sounds entirely sensible great. Let's do it. I'm trying not to be Aussie and SNIFFY ABOUT CERTAIN ELEMENTS OF THE STORY. And the way it's developing and being told that is happening on twitter. I'm trying to be a bit. Socially distanced from tennis twitter. I say that with heavy equities because it makes me shudder a little bit But it can be a bit of a toxic place and I'm trying to not be embroiled in it but this whole story has dropped exclusively on tennis twitter sort of had to be reeled back in the sort of arms race to claim claimed territory and claim claim that. This was their ideal. This is the first time anyone had this idea. The facts that you know of one suddenly sitting up and taking native destroy quality when a man shouts about it. All of those things I there is a part of me that wants to be about the the. Oc posted me often wins. But I'M GONNA try and be utilitarian about it and think. Look if if this is how the right thing ends up happening then then fine you know and I'm I'm going to echo do some shadowing echoing into something that you're going to say in relation to a different issue Later in the POD. He's talking about the distribution of wealth and prize money among top level players which is now suddenly a a a burning topic or among plays in general and he says look. I can't believe it's taken a pandemic for for this to be taken seriously and for the real powers that be to consider addressing it. Will I feel exactly that way about the the unification of The governing bodies but hey it took countless examples. They were able to for the. Nhs happened say if the ends justify the means then great. I'm going to suppress for once my RC side. I slightly wants to be able to read that. Billie. Jean King's response on twitter to Roger Federer in the in the sort of tone of voice that you began that that line yourself because what she actually says is I agree and have been saying. So since the early nineteen seventies she. I reckon she didn't say it like that. I kind of wish you had. And then she goes on say one voice women and men together has long been my vision for tennis the WTI on its own was always planned. Be I'm glad we're on the same page. Let's make it happen Hashtag. One voice is what Billie Jean King replied with Samana. Halla Patrick Evita Gubbay. Meru all tweeted support for what Roger Federer had to say and then I found the Dow tweeted. Hey Roger Federa- as you know per hour discussions. I completely agree that it would be great to get out of this world crisis with the Union of men's and women's tennis in only one organization which yeah suddenly makes all of this same quite premeditated between the two of them will maybe more than two of them. We haven't had anything I should say on this subject from Novak. Chuck rich the president of the council at this point. But it doesn't feel like this is just some using that Roger. Federer has just done while he's bored in lockdown as such A. It sounds as though it's been given quite a bit of thought he's had this chat so we've been reminded of this press conference. The rough on the Dow was involved in in two thousand nine hundred Australian Open when he responded to questions about whether he thought that should be a combined organization between the deputy. Atp with just telling us a misunderstanding. So he doesn't didn't understand really why that would be a good idea why we should talk about that. Why why that should be on the agenda And so this is a very very different tone now. Obviously we weren't in the middle of a global pandemic at that point. The world looked very different. It may it may well be that people who had previously never given a second thought to a combined organization of Sydney. Actually th. That's the way out of this. That's a good idea and got to be ready for that. But it's it's pretty stark. Isn't it the difference in town? Yeah I mean elements of needles. Tweet genuinely made me laugh out loud. First of all any suggestion that Is Great is his. English is Spanish as a first language adult composed. Hey at Roger Federer as per discussions. I mean absolutely no way. Is That tweet composed by Rafael Nadal? Himself as per I've ever seen his tweets to Anna Ravenna. Vish venevision join twitter. He said I look forward to our discussions on this means of communication when it was back in the early days of twitter. It was really sort of formal. And it's like a tweet anyway. It kind of reminded me of that one. Yeah so I mean yeah I mean that's not anything. Groundbreaking is that. He didn't necessarily compose himself. And if I was tweeting in a second language I would probably ask for some assistance as well. We've got to eat so I'm not having a pulp about that. But it the the sort of the attempt to say this. This was my idea too. I this came from a discussion that we both had. I was in on this too. That made me laugh because yeah I mean he. He kind of gets a slightly on it from me included because I think I kind of write him off of somebody. That's just not not hugely engaged with the with the wider. She's in Tennessee. And he kind of mice to the time brushes off interrogation about them as sort of. Oh you'll have to ask other people that are that are better informed and have have moose stake in it than than me. I'm not the best person to speak to you. That that clip. That's going around on twitter from the loss. Jesus straighten open is a good example of that. But the fact is he. He hasn't been supportive of equality in In Women's Tennessee's very much market forces based approach T. V. Prize money in the tools etc. So yeah this is. It's a bombshell.
Traders play 'hot potato' with U.S. oil contract as it crashes to $11 a barrel
"The futures contract may futures contract on West Texas intermediate crude oil sinking more than thirty eight percent now to about eleven dollars per barrel the may contract on WTI the American oil benchmark set to expire tomorrow the June contract was up more than eleven percent to about twenty two dollars per barrel oil has been tanking on slumping demand as corona virus mitigation measures have kept most drivers off the road at the same time crude storage facilities have been filling up
"wti" Discussed on Bloomberg Radio New York
"To a twenty one year in the WTI currently trading below fifteen dollars a barrel stockpiles of growing amid slumping Dimond at the same time this is significant spread to grant ahead of W. ties may contract expiring tomorrow to that end we are seeing Brent currently trading around twenty seven dollars barrels to read quite a difference that now the Norwegian krone is leading losses among G. ten currencies particularly because of this drop in oil prices so that okay coming down nine tenths of percent it's also weighing a bit on the Aussie dollar down three tenths of percent this morning the dollar gaining meanwhile and that risk off mood as well as the news the Democrats and the White House a close to a deal for more funding to help small businesses as well as hospitals the debate on the spots index gaining four tenths of a percent on the other hand the Dennis but we get down three tenths of seven one or seven spot nine standing also from falling a bit to one twenty four this morning of course the U. K. government facing mounting criticism over its handling of the coronavirus crisis now the treasury cut cut has steepened debate the book the fed is slowing its pace of bond buying the ten year U. S. seals are currently down a basis point at sixty three basis points at the moment finally in stock markets Australian and Japanese equities leading declines the Nikkei slipping one point two percent Chinese equities slightly higher this is like three hundred up just two tenths of percent the KOSPI down half a percent in Seoul U. S. futures looks pointed to a slightly lower open your PC just slightly higher that's gonna make this fasting can guarantee more what's going on around the world Sandra thank you the corona virus pandemic is showing signs of easing in Europe a city Spain and France are reporting the smallest increases in fatalities in weeks but the path to return to a normal life just isn't clear France says it will unveil its plans within two weeks the conduct on could see the French economy contracted by about ten percent in twenty twenty coronavirus cases in the U. S. this increase of five point six percent from Saturday that's according to data collected by Johns Hopkins University and knees that's higher than the average daily increase of four point eight percent over the past week New York has the largest number of confirmed cases but viewed over a week total deaths rose to over forty one thousand which is more than double the total a week ago and use the land will partly relax nation wide lockdown restrictions from next week as the Klein in new coronavirus cases indicates that strategy over elimination is indeed working according to prime minister Jacinda Ardern stepping back from some of the harshest locked on benches will allow parts of the economy to restart industries such as construction.
How to Begin to Restart, with Mark Ein
"Welcome to no challenges remaining. I am Ben Rothenberg on this week's show. I am joined by Mark On. Who was the owner of the city open tennis tournament on the ATP and W T tour which is held annually in Rookery Park in Washington DC is a terminus Ben at the same venue for fifty years as a big standing tradition in the summer tennis calendar in the United States and it's also potentially the next tennis term on the calendar with a bunch of determines before it having been canceled is only April but already we know that there will be no European clay court season at least pre Wimbledon and all the grass season has gone so Washington suddenly stands in April as the next big landmark on the tennis horizon with being the first big combined? Atp WTI tournament still on the schedule currently so with that in mind? We talk mark about what it's been like this while is uncertainty different contingencies. That are being talked about in the tenth world and hopefully you'll find this conversation illuminating in these strange murky times. Here's mark very happy to be joined on the show today by mark on who is. The owner of the city opened the Washington tennis tournament Washington. Summer tennis tradition I believe is your slogan eighteen. Wto tours the annual stuff every late July early August although this year obviously there's a lot of uncertainty in the air so mark. Thank you very much for being on here and chatting in this in this weird moment. We're having appreciate it. Always always great to chat. And and Ben. That's more than a slogan it is. It's true no it's true. It is washing summer tennis tradition. I one of the first times I went to the city opened which was send the League Mason Tennis Classic Back in the Ninety S. I want actually WANNA radio contests for tickets for some. I forget what the Trivia question was by some trivia question and they asked me which days I wanted tickets forge session for. They gave me like all possible sessions and I picked the final Michael. Chang wanted that year and remember that so I remember that one and I might started mine. Vomit tournament is a ball kid when I was twelve years old. So for Eddie dibbs and Harold Solomon engage. All short guys like myself a shot. I thought that they might actually be on the court someday. But that didn't happen to turn this into Eddie. Dibbs podcast briefly. I believe I believe he was the one that came up with the term Bagel that sort of his lasting like they were they were the Bagel brothers. Eddie dibbs Herald Sun Herald was from Silver Spring Maryland. Down the street so there's Great Danes as Gray Days. So you own the tournaments. Since last year the term it was in danger of moving out of DC and it was for sale in you bought it and kept it in DC. Which I many others are grateful for. I'm just curious how. How is your first year owning attorney? What was that first experience? Like as you've been in tennis for a long time and other other serves two roles but was that experience like and I guess looking forward a little bit. What kind of stuff we are looking forward to for for twenty twenty. I'm it was. It was fantastic and we really had is a great fifty year old man. It's the fifth biggest tournament the United States one of only the only ATP five hundred in the United States and one of only five combined events and You know it was a really terrific event but we had this vision for how we can take to to totally new level and so even though we got it we literally only got control of it. In March I thank so it was a real sprint to get it ready. You know I think we did we really. I think revolutionized the event can complete change in the site. The Food and beverage the player experience. Everything we really wanted to touch. Every single component of the event our motto was that we would never say. We're doing something because that's the way it was done in the past where we're going to try to thank. Outta do things differently and you know. The results were incredible. We broke every record. The tournaments ever had everything shattered them on and what was really great. Was that when we started the week? It look good but it didn't look like it was going to break records that people came to the site and went to the new food area and tried the food people like Jose. Andres and people locally. We had the best ice cream plays July. The best coffee plays the best burger plays. Moei came and did stuff of through word of mouth it. Just people started coming incoming. We ended up selling out seven of the eleven sessions. And I think what it just showed to me. Was that tennis as we know from events like Indian Wells and the US Open and a whole lot of events when it's done well a high level people respond tenants fans common. They love it but then other people come. I think that was really rewarding to just see this great reaction and our team work really hard and so it's really gratifying. And then yeah we didn't I mean we we were. We are planning on building on last year. We have a whole set of new food and beverage partners new seating areas a whole bunch of stuff that we were about to launch the campaign to talk to people about in Indian Wells and obviously that was the first event to be cancelled and we also put a pause on our marketing efforts. It seems like in the current state of the world. That's not the most important thing but whenever we pick it up hopefully this year or whenever it is we're going to build on last year and just keep building and growing and We have really high really high goals for that sort of the moment. I think that everybody in tennis will point to is sort of when things got real and the corona virus situation for tennis getting cancelled which has happened very shortly before that terminus supposed to start the day before quality started. What was your reaction to that news and I guess had you had already been on your radar from from the city open perspective before then or was that really the wake up call moment. I think that was kind of I mean. There is a series of you. Know a series of things happen that heightened your sensitivity to it But that was maybe the tablets to saying. Oh Wow this is different back as soon as it happened. I texted one of my best friend who happens to own an NBA team. And I sent him a note and I said this isn't just for. Tennessee is big for all of sports. Because you know at that point no one had cancelled any. It wasn't just the percentage of that. It was the first major sporting event to be full. And Yeah and here. We are today. So yeah that whole time and and you know Indian Wells really is a mecca for everyone in the tennis world the whole global tennis community flocks there every year. And it's almost five hundred thousand kids almost big as the French Open or close to beg so some of that size and scale gets cancelled. It's opened a lot of people's lives up to the issue. We're dealing with what once you're once. You're that sort of alert happens. Then I guess. Obviously all the children's center immediately after that our media on standby like Miami Charleston. Houston but for you what. What was your thought process on how I'm watching? The ripples of this work their way through the calendar. You know it's so interesting ban. I mean that was not even I guess it was just about a month ago and you just today. We know so much more 'cause we're all quasi obsessed with every little detail of this if you can put yourself back to where we were a month ago. We had no idea about tests vaccines and treatments and social distancing. I don't think that at the time we necessarily at all thought. Oh this is gonNA endanger the prospects of hosting. The city opened obviously enters. Your mind was totally unknown. What we were dealing with a month ago and obviously all know so much more today but back then we thought. Maybe it's a possibility but we definitely didn't think that it was a foregone conclusion. What does this last month? Ben Like for you. What is it like sort of from this event? Obviously everyone's lives period. You're staying indoors like everybody else. I'm sure but what is your just from the from the Tennis City Open Van Vantage Point? What is it been like for this month or so? Yeah I mean look. The first thing that I focused on was just make sure my family is safe and healthy and that we were set up in a way so that everyone in the family would be okay. That was the first thing and then frankly bend the the next thing I had to focus on. Is that we have you know we own our own a lot of a bunch of companies and I really wanted to make sure that and it was clear this was going to be a rough economic time and so I wanted to make sure the people who work in those companies were in good shape as possible and I'm really proud that as of today we haven't had zero layoffs furloughs salary reduction just because we've been laser focused on figuring out how to. Mirol in pretty good shape and had resources but also just really protecting the people who work in those companies was my next priority so even I'm not going to the office. I'm working. I think I work pretty hard and I'm working harder now than ever just trying to do that. And then you know and then there is a lot of work around planning for the city open and it's different because it's not in front of us. Obviously I wanted to make sure the team that works on. It is safe so we were very early and having people work from home. And now we're just scenario planning bandit some you know. There's really four scenarios one is the event goes off as usual To is is that it goes off without fans which is the topic of a Lotta conversation in a lot of sports. Three is a hybrid where it goes off but there are some fans an enforce. Obviously it's cancelled and You know we're doing everything we can to problem solve and be creative to find a way that we can do it somehow but it only is going to happen if we can assure that it's safe for people And so just a huge amount of work going into China. Figure that out.
Crude futures climb ahead of OPEC+ meeting
"No oil is climbing today off to Russia said it's ready to cut output as part of a deal with a pack plus and so we'll see WTI crude up almost three percent now nearing twenty six dollars a barrel it comes ahead of today's virtual OPEC plus a meeting now that rally in crude is particularly pleasing the Norwegian krone the gnocchi gaining against all major peers in Kearney up seven tenths of a cent against the greenback otherwise we'll see major currencies fairly range bound with traders weighing growing coronavirus cases against the amount of countries that are now considering easing the lockdowns the prefect of spot index
Trump and Pence say they see signs of US COVID-19 outbreak stabilising
"Daybreak president trump vice president pence say they see signs of the corona virus outbreak stabilizing we are joined now by Dennis Gartman the economist a formally of the Gartman letter Dennis it's always a pleasure thank you for taking the time with us this morning we are seeing stocks higher today because of that optimism that we've been talking about this morning coming out of the White House what is your reaction to the move in the markets and is that going to last well I doubt that a show last very long there's no the markets have a tendency to to rebound fifty percent of what they have lost in in in in bear markets and bear market rallies tend to be very dangerous and very swift very volatile the fact that we have the the Dow trading into a trip down futures at twenty one seven hundred right now twenty one thousand seven hundred can we get to twenty four thousand in the next week or two on a technical bounce of course we can but are we likely to see new highs in the near future now or not I think this is a dead cat bounce one that can be played on the long side and I think that last week's lows if you're going to be a buyer you put your stops order stop order then at last week's lows but so this last for more than a week or two I doubt it one of the problems that we haven't come in in the in the stock market is a great buyer the then companies themselves have been buying their own shares for years and years have basically been precluded from buying some buying their shares back for years and years into the future so the great buyer is gone but is this a good bounce yes can be traded from the long side yes should you traded from the long side I doubt it and if you wish to be longer stocks better to be short of the bond market that's probably the better correlative trade as the oil did give up some of last week's rally it does look like it is starting to pare back some of those losses Cruz lawyer lower although what what do you think of oil prices turned the corner I doubt that oil prices have turned the corner also but but again just like the stock market a good bounce was required a good bounce has been had and watch the without getting too esoteric what's that the term structure the shifting nature the front month versus the second third and fourth month back beginning early last week when crude oil is on its in in the dinner on the downside the the the term structure began to now which was the first bullish sign here we have the the the the market having rallied from one nineteen ninety in nearby WTI to twenty nine dollars a day per barrel which is a huge balance if you think about it today the term structures actually turning somewhat berry so I think the the the rally in the crude oil market has probably run its course and if you're going to trade crude oil trade from the short side nitrate only from my own account my retirement account I'm in the market every day I don't have any crude oil position on right now but if you made me do something at the short of it the president has said that he doesn't think he's going to have to impose the tariffs on imported oil but he's also holding that option in reserve what would that do well that would clearly tighten up the with the WTI Brent spread you'd probably take WTI to a premium over Brent I think it would be an illogical and very badly designed very bad decision on the president's part any talk of any tears in any instance it's going to be deleterious to whatever to the to the to the stock market that ostensibly to the crude oil market dramatically but it be beneficial to WTI so if you if you're if you're a believer in putting those tariffs on probably the trade you want to put on his long WTI short brand but then I going to do that on my own account now it's your money well bonds are the haven of choice for a lot of people are they getting too expensive now bonds are way too expensive I I had I see no reason why anybody would want for the long term down ten year treasuries with a sixty five basis point handle sulfur again I trade only for my own account and on Friday actually went short modestly mater marginally small tiny for the first time in a long time but I'm actually short a little bit of a long and and my propensity is to add to it because I I do think if we get a a good technical bounce a good dead cat bounce in the in the stock market you'll get a correlative decline in the long end of the yield curve so I'm trying to get them short of the the bond market for my own account and thinking of adding to that position this morning I just can't imagine anybody wants to own for ten years a treasury security that has a sixty five basis point
Dollar firm overall, but oil price jump boosts commodity currencies
"Bring that dollar index is down two tenths of percent in G. ten using the Norwegian krone outperform along with other commodity currencies the Aussie in the capital region prone up one point seven percent and that's largely being driven by the move was seen in oil WTI up eight point nine percent to twenty to thirty dollars a barrel of Brent to twenty seven eighteen up nine point nine percent jump in oil of being driven up by reports that China has started buying oil for its state reserves offset the
European stocks and U.S. equity futures tumble after grim coronavirus forecast
"Roger we gotta try sector of legendary investors coming out and warning the Clarion call for mal case Jeffrey Gundlach saying that the assumption of a V. shaped recoveries too optimistic he says that we haven't yet seen the bottom for the S. and P. five hundred oak trees Howard marks saying that the recent market Roddy's overly optimistic so he does see a pessimism among investors just waiting to rear its head and then we hear from Jim Rogers again who warns that we could see the worst band market off his lifetime in the next two years yeah and it's all driven of course by the numbers there because what we're hearing out of out of America that figure one of Donald trump's medical advisers saying could be two hundred and forty thousand Americans dying in this bill trump changing his tone as well something to look grim about this I'm sure that's what's driving investors to some extent because in the end that's what they need to grapple with yeah I mean are you wouldn't think that Jeff Gundlach Jim Rogers Howard marks have reacted necessary to the news but not like what I think that's certainly pointing to is the fact that the base case really among observers among the market does seem to have been so far for this V. shaped recovery in that we see a rebound in the second half of the year but will you stop assumption when this is a virus that we don't know how it could involve there's so many things that we don't know about the health crisis itself who's to say that could not be a double dip recession a depression the the lockdowns now could be lifted but then they'll have to be resumed again later in the year there's just so much for the market to factory in and I mean I've said on the show before I personally don't think that some of those worst case scenarios happen factored into equity or bond markets and that is something that good luck roaches I'm marks are pointing to and of course and the fact that the world and investing and markets could changing ways we just count imagine after this is all over and we do get out the other side yeah I don't think that I've really noticed actually overnight was was also this US consumer confidence figures because over the within the month Sir United Arab in talking about consumers being clicking in terms of driving what's going on the U. S. consumer being what's giving everything of the good times when they would be existed now it's fallen to its lowest level since mid twenty seventeen but it's still exceeding expectations that perhaps the U. S. consumer will keep things going that with those of headlines how to see how well McKinsey points out that forty percent of Americans would struggle if they had an extra four hundred dollars to pay and they have to find that cash from somewhere so that tells you something about the strain on consumers in general in the U. S. not to mention how much the global consumer is aimed in decades at the moment that said if we take a look at markets then on to move it forward off the west coast of equities since two thousand and eight we all starting in the Reds for April the stock six hundred down two percent right now as we take a look across regional equity benchmarks what you're seeing is the fifty one hundred down two point four percent of the dax down more than three percent the ibex inputs he made in the red as well U. S. futures also pointing to a lower open Dow S. and P. and nasdaq futures all down by at least two and a half percent the ten year treasury yield slipping almost six basis point sixty one handle we've got yield slipping in Europe as well after they moved high yesterday the ten year bond yield down almost four basis points negative fifty ten year gilt yields dropped four basis points we are seeing a little bit of dollar strength to kick off the month of April of the repo lifeline from the fed does the latest move from band aids that can ease some of the dollar liquidity strains I'm taking a look at oil it's been fluctuating a bit in today's session when I was seven tenths of a cent higher on WTI just above twenty dollars a barrel worst quarter since well ever is what we've just seen it for oil president trump talking about potentially having discussions with Saudi Arabia and Russia how much difference will that make him what you're seeing is Dimond
Oil falls for third day as coronavirus travel bans escalate
"So much let's turn to oil now crude remains below thirty dollars a barrel and WTI briefly traded below its lowest settlement price since two thousand three earlier that's as the corona virus pandemic threatens to bring the global economy to a standstill making things worse is Saudi Arabia boosting exports by pumping more than ten million barrels a day in the coming months let's get more details with our energy reporter Dan Martel in Singapore it's it's been a wild ride in the crude market down how much further it might we go it seems like it at this moment in time there isn't a lot in terms of positive catalysts for oil prices now chasing it intact we still have a lot lower to go before we start to keep floors if Saudi Arabia and Russia decide to keep producing like they are right now that means we're going to have to go low enough to make a filling up basically every storage tank in tanker in the world profitable and then even lower to the point where it's now possible to produce oil from wells are already been drilled already that means what is the need to go down to twenty dollars a barrel maybe even lower to the teens people even possibly into the single digits so without any sort of upcoming possibility of yeah Saudi Arabia and Russia making nice it doesn't look like there's a lot of room to go up mmhm then in terms of the impact I mean you mentioned some of the potential price points at Missouri says the crude price could go negative wants to storage tanks are full standard chartered is talking about dipping into the twenties in below that potentially but what about the time line here I mean how long would it take to clear the amount of Volvo over supply I mean if they do agree the Russians and the Saudis and OPEC plus if they agree quickly can they fix this quickly well the other problem is we're dealing here not only with a supply shock and Russian Saudi Arabia but also with this you know once a generation demand shot because the coronavirus so in the near term even if there is some sort of agreement you have this huge reduction in demand it started back up again in China but it's just gonna drop in Italy and Spain and the U. S. as these sort of self isolation measures take hold the rest of the world so you know for the next order you know first quarters basically went out second quarter is already looking pretty bad and demanding also we're looking easily into the second half of the year and so any kind of price recovery but possibly you know the the upside is you look out on a much longer vision after twenty twenty one and beyond you know a lot of production is gonna get shut off a lot of capital is gonna be canceled and so prices are gonna have to rise higher than to be able to to reprint on new production future get down I wanted to ask you exactly about this point in the relationship between U. S. shale and capital markets it's something that I know you follow the price dropping crude alone is painful enough for the oil patch over in the U. S. but now you have the strains in credit markets as well how bad is it going to get for you I shall well it's gonna get really bad here she was built I just hundreds of small companies that access cheap cheap credit right back after this initial crisis and they were able to go out drill a lot and you basically just drill without having to produce a lot of free cash flow to pay it off for a while that's you know basically hitting the fan right now and those companies are you know over day and they don't have a lot of cash coming in to be able to pay that off you can see a lot of bankruptcies especially stress continues on for the next couple months but in the long term you know the the actual geology the land acreage is there and good companies are going to know it's there so you're gonna see some consolidation bigger companies clever survived this will be able to pick up some cheap scraps and be able to producing
WTA Tour Suspended Until May 2nd
"We had this six weeks suspension announced that means no Miami no Charleston on the W. T. side this was an issue of the ATP announced on their own unilaterally. Canceling MIAMI MONTE-CARLO IS GONNA go and everything. Bassi up until the end of of April and bit by bit. The WTI came pretty much to the same conclusion but they tried to do it one at a time rather than just doing a complete block of canceling everything. That's where we stand. At the moment we have had another update today a WTI saying because of the ongoing Global Corona Virus outbreak the WTO tournaments in stood guard Istanbul and Prague in April Arcane to be cancelled as well and so everything is suspended on. Wgn Tore now until may the second they say we will make a decision in the week ahead regarding the remaining Wti a European play caught tournaments are monitoring the situation closely so it may not be the end of of the constellations even even now so here we are amid March. We know we're not GONNA get any tennis on the women's side until may the second so let's talk to a couple of the players who are out in India wells who were affected by this situation starting with the British number. One on the men's side Down Evans World Number Twenty eight career high ranking of twenty eight. I had a little chat with him before he went to Indian wells initially when he was still in Dubai and I sensed then he was pretty anxious about the whole situation the fact that he was going to go back to the UK just for a couple of days then flats California he he. He really didn't know what to expect when he got there so I asked him first of all what it was like when he got to think like nothing was was any different at the Stop I actually went to San Diego for two is a few members at the club. She said to me all year. We're not going down to endure wells issue because of the corona virus and I mean always on our. I guess you know they were. They were older members to in. This guys says always decided that Mr Tikey precautions and we go down there and as I'm sure you're not a tennis player not the most You know pretty isolated in their own world and no already set much until I think it was. It was pretty much the die before qualifying stay there was there was is that it was GONNA get cooled off. Alan. Yes big big room Sula started unethical cooled off for the the die before Listen to the Health Minister of I think it was California or cut Coachella Valley and he said that he might have statement about into wells. I would be the guy who would be calling off sedan Sort of happened. It was all very vivid surprise really but then at that I. It wasn't so much surprise if she knows all the severity of Then not long after the Miami consolation when it was a pandemic what was the week. What's a week been like since then because they were they were letting everybody stay? Weren't they in use Indian Wells for an stay in the the accommodation? What did you? What was it like being around the other players at that time? Yeah well I mean we started like there is a few few different people two different things so that was advised to not leave the country because remodel belt guest in back in and then does seem like he was defeating the jets. If people could have committed that would have been Miami really and then it was all pretty strange. You know I didn't make didn't like practicing one was we? Were supposed to be playing. It seemed you know pretty no atmosphere. There was no saying it was terrible so applies to be to be honest and I find it pretty hard too noisy to be motivated but everyone was brought to which was destroyed thing. I've always prided everyone was eating together. So it was all this. It was all surreal India wiles. And then as said when we heard W hite sugarcoated upon Devon. Everybody was booking flights that I think you know the wrong. Who was on the Wolf for Miami? And obviously they've called on the ADP side. They pretty much immediately called a six week. Holt to the toll now. That's that's a pretty far reaching impact for so many people I mean in even in our little ecosystem of tennis. Yeah you've had a good a good start to the good last year so you'll have built up some some finance that you can. You can weather a period like that. But not everybody's in that both I would imagine no I guess not a not much anyone can really do is right now. It's it's a terrible situation for everybody you know thankfully no one just yet tested positive Well not as far as I know. That's my thing is to keep everybody healthy. I think that's the reason why the tournaments have been I think consoled in on the six week pulls to the Tool the tournament it's You know obviously a difficult time for everybody involved like just said you know even dancer. People Work Torments Aichi sponsored of player? Who is a my fly? And he wasn't sure she was getting paid or not. You know which is the end of the day. That's what everybody wants to have it as they go to to work to get paid. Because I have stuff to pay for the livelihood. Juno Dot Com. Mr Bill could fail in for for anyone. Don't know if you're going to get paid in the NFC can't for everybody. Ron and in Great Britain and the world. Yeah I mean you. You obviously had a period of time out the game. We we know the reasons for I remember you talking about the time that you found it quite hard sort of just not having the purpose in a way is it. Is that something that you feel may might help you in a way that you've at least had experience of that. If if we're able to to practice I don't see I. If I were to practices stuff adultery the six weeks been been that much of an issue for me personally You know we. We can't change if we went tool could go onto Daylight Spain I think. The chargers for For everybody really literally doing nothing because it is a that will be. I will be pretty tough I as you know one guy who's in Madrid and he died on lockdown. I called leave and he said his you know not not good whole so. I'm hoping that doesn't happen but if it does then you know the Be Interesting to see how that works. I for for the tennis
"wti" Discussed on WBT Charlotte News Talk
"West WTI Harris and IBM drive. The last one just came through. It was reported on Brookshire boulevard at I eighty five try sonny's barbecue mouth-watering, tender baby back ribs, dinner plate, a full, slab of sunny, sweet and tender, baby. Back ribs, marinated smoked in grilled to perfection. Sonny's local pitmasters since sixty eight I'm Bill Jones, WBZ, traffic is another dangerous day ahead across the nation's midsection. We've already had a tornado touchdown this morning in the Tulsa area and heavy rain in many places forecast, say, Arkansas, Missouri and parts of Illinois could see severe thunderstorms later today with damaging winds large hail in a few tornadoes possible. Police are looking to identify man involved at a series of peeping, Tom incidents at WalMart and target stores in the huntersville area Copsey, he's been taking photos, under women's dresses, using a cell phone and say, he's a regular of the WalMart, they're awful stateful road. House Judiciary committee chairman. Jerrold Nadler, says his committee will vote a whole former White House counsel, Don Mcgann in contempt. If he defies a subpoena for his testimony, Mcgann is supposed to appear today for hearing on the Muller reports. His lawyer says, Mcgann isn't coming after being told by President Trump to defy the subpoena. Aaa, the Carolinas predicting about one point three million north Carolinians and six hundred fifteen thousand south Carolinians, we'll travel this Memorial Day weekend. That would be three point six percent increase from last year and the highest travel volume on records in Tripoli began tracking holiday travel volume is back in two thousand. WBZ news time ten oh. One from the storm watch forecast center, I'm meteorologist coaster sunny skies, and a high of eighty eight today,.
"wti" Discussed on WAFS Biz 1190
"Had a decent week already. WTI create has lower back below fifty seven dollars offer and a half of one percent of today's events coming up. We have German regional CPI is with the national number released at one o'clock, London Wilson lookout for Italian inflation data this morning from the US. We get jobless claims at fourth quarter GDP and Chicago fedspeak continues with Clarita Bostick, hawker and Kaplan all Judah softening. That's it for me to hear life. Breaking news type S Q U A on your Bloomberg terminal narrow thank you so much, Michael. Now, that's your Bloomberg business flash. Now, here's Leon garren with more on what's going on around the world. The am good morning, Nara and Pakistani facing they was military standoff in decades. This follows the loss of an Indian fighter jet with a pilot later being paraded on Pakistani. Tv you daddy, Anna's Lama bond. Both say they don't want the situation to escalate. But neither side wants to look weak. Former Trump lawyer Michael Cohen has opened the president to a number of potential legal risks Cohen furloughed is series of damaging accusations diplomatic day of testimony before a house committee. Meanwhile, Republicans were Democrats for lowering and admitting Elias attest to find an Ethiopian Prime Minister will be hosting a fundraising dinner to help secure one billion dollars for infrastructure projects in the capital at his ABA. According to officials tickets will cost more than one hundred and seventy five thousand dollars per person, the dinner hopes to be foreign investments in one of Africa's fastest growing economies. Global news twenty four hours a day on air and tick tock on Twitter powered by more than twenty seven hundred journalists and analysts symbol, the one hundred twenty countries. I'm young guarantee. This is Bloomberg Marcus much, leeann now, President Trump's summit with Kim Young has ended without a signed agreement in Hanoi after it was abruptly cut. Short today. Trump rejected North Korea's requests to lift sanctions and says he has not committed to another summit with Kim. Our relationship is very strong. But at this time we had some options and at this time, we decided not to do any of the options. And we'll see where that goes. But it was it was a very interesting today's, and I think actually it was a very productive today's, but sometimes you have to walk, and this was just one of those times for more or let's say go live now to Hanoi. Bloomberg's Stephen Engle is standing by Stephen narrow, and I were just talking here in the studio saying that even though this summit broke down earlier ended early the the language from Donald Trump that we just heard they're fairly sort of up beat from sun in respect it is upbeat. But keep in mind when he says sometimes you have to walk. This is a threat that Donald Trump has made before and it's a trademark negotiating tactic of his. He said he had the papers ready to sign of a statement. But he said, you know, what I'd rather do it. Right. Then do it fast. So he was. Is willing to walk away. He was quite complimentary of Kim Jong owned. In fact, we dislike each other. He said we have a good relationship. He said, I believe he's quite a guy quite a character. But it really came down to Kim wanting more sanctions relief than Donald Trump was willing to give he says US wasn't prepared to give what can want it. Yeah. And Steven great to speak to you again, great work on TV earlier as well. And for all the coverage, given the this basically turned on the sanctions as Trump said it was about the sanctions, basically they wanted the sanctions lifted in their entirety. And we couldn't do that. Is that not an intractable issue? That's going to be very difficult to resolve from here. If we take the other side of the coin, I'm the potential downside risks. Yeah. That's right. What is Kim going to do in response to being walked away from the table? Even though Mike Pompeo says he was a friendly walkaway still he walked away. So there's a failure in some people's eyes. Now. Trump says he wants to remove these sanctions in his words badly, but he says North Korea needs to give more and on these sanctions it directly tied to the pledges that the North Koreans are willing to make now Trump says Kim offered to dismantle their main nuclear facility, that's Yongbyon. But it wasn't enough. And it seems the US demanded not only Yongbyong nuclear complex be dismantled. But also other uranium enrichment facilities that the US says it knows North Korea has an and Trump said North Koreans were surprised when the US brought up details of all the other North Korean arsenal and weapons facilities that they know they have. So is it a bluff who knows maybe the US intelligence does know a lot more than the Trump are the Kim administration thought they did Stephen the question is also what the road ahead is gonna look like now between these two countries Donald Trump saying that he had not committed to another summit with Kim Yong own. But. Will there be talks between sort of lower level officials? Well, there should be more talks. There was scant process progress. I should say though in the last eight months they kept on talking. But there wasn't a lot of progress. Made in the months since the Singapore meeting in June of last year. That's the big question right now where do they go from here because they don't have a template from which to build upon in June. They had a vaguely worded statement that talked about working towards complete denuclearization of the Korean peninsula. We don't have any such statement. So we're back to square one to build upon sure there's more camaraderie between the two, but you know, what? When one party walks out on the other, even those a friendly walkaway, it might leave a bad taste in the mouth. Great to have you with us. Bloomberg's Stephen Engle with us live from Hanoi on the latest and the analysis on the abrupt end to the Trump came summit in terms of the market reaction. The yen still bid Dalian down two tenths of a percent. One ten spots seventy five and we've particularly a Korean assets underperforming, but also Asian equities extending declines they're already lower because of data and some hawkish comments around trade from lighthizer US futures also down at four tenths percent.
"wti" Discussed on WTF with Marc Maron Podcast
"I want to tell you about hunt sales is record hunt. Sales hunt. Sales was on episode four Twenty-three of W. Wti F and hunt sales is somebody that I I tracked down back in the day in the in the in the first few hundred episodes, but that was four twenty three. Wow, man. I mean, there was such. I got people in my mind. I was like I gotta track them down hunt sales is he was the drummer on Iggy Pop's lust for life in. And when I talked to him, you can go back and listen to the interview him and his. Brother with the rhythm section unless for life. And they were also the rhythm section on the Bowie tin machine records, but he he also started very young when he was like in his teens with his brother, you know, playing for Todd Rundgren on I think runt, but they, but but hunt was this sort of mythical figure to me like, you know, hard core. Rock drummer hard living Jewish drug warrior that. I was always mildly obsessed with so I had to track him down. I literally had to go figure out. I heard he was in Austin. I heard he was alive. And I went and found him, you know, he's a guy that has struggled, you know, years with addiction, and but was just this signature God damn fuck in rock drummer, man. I mean, the opening drum riff unless for life who doesn't know that. And how does it sound so specifically him, but he's he's just an animal on those drums, man. So he's he's actually he has his debut album out that was sent to me. It's a it's it's heavy. It's personal. It's a rock record. It's his band. And I remember when I was in Austin looking around. And I, you know, looking for hunt, and I saw, you know listings for the for the hunt sales memorial. And I thought I missed him. I'm I I got here too late. But that's actually the name of his band. It's the hunt sales memorial. It's coming out tomorrow January twenty fifth it's called get your shit together. So support one of the old drug warriors who still add it, and he seems like he's sober. I haven't talked to him lately..
"wti" Discussed on WBT Charlotte News Talk
"On WTI Harris boulevard and university city boulevard at bender still working at remount road and Wilkinson watch out for one at park road and art still partially blocking the left turn lane. I'm Nikki Haley, WBZ's traffic the one hundred sixteenth. Congress gathering today with the first order of business selecting speaker the first vote in the house is for speaker both parties will formally nominate their choices Nancy Pelosi for the Democrats. Kevin McCarthy for the Republicans. That vote is done by roll-call each member's. Name is read they vote out loud, usually for the preference of their party. But not always. In fact, the constitution is not specified. The speaker has to be a member of the house for years ago. There were votes for former secretary of State, Colin Powell, Senator rand Paul and Jeff Sessions to be elected. A speaker must have an absolute majority of votes cast, if no candidate receives a majority the roll, call is repeated Intel a speaker is elected at the capitol, Jared Halpern, Fox News city. Winston Salem, telling the owners of a statue of a confederate soldier to wants it to be removed by the end of the month United daughters of the confederacy claims to own the downtown statue. Which the city says he's been vandalized twice. And city officials are concerned the statue's presence poses a danger to public safety. And monuments located on private property another. I in space exploration. China says it's landed a spacecraft on the fire side of the moon. The Gizmo now expect to do a little exploring for a while. WBZ news time now Ted oh one from the neighborhood storm watch forecast center, I'm meteorologist Nick coaster today.
"wti" Discussed on Bloomberg Radio New York
"This is Bloomberg BusinessWeek. All right, Taylor rakes. We've got some interesting conversations going up, not the least of which is one that has to do with a lot of very rich people back up in New York City getting behind success academy. We're gonna talk to our own. Amanda, Gordon about that. We're going to bring it back here to DC to talk to you Commissioner at the at the FCC is going to talk about your head a lot come alive markets and markets markets. More GE the works all up nex. All right. Let's get a check on the trading day about twenty nine minutes to go. Charlie pellett. What's happening on keeping up Big Eye on oil Jason Kelly, look at that. On the Bloomberg now down by eight point three percent. The slump continues on this Tuesday here. West Texas intermediate down almost five dollars a barrel. Fifty four ninety four right now on WTI oils on precedent declined is deepening. As investors Lee a market hampered, by swelling excess supplies. A darkening demand outlook in President Trump's Twitter critique of the world's biggest crude export or Saudi Arabia right now. Again, WTI down by eight point three percent, Brent down seven and a half percent. Sixty four eighty four for a barrel of Brent, Home Depot shares. They are lower by five tenths of one percent. After earnings this morning, but Home Depot did ease doubts about a slowing home improvement market raising its annual sales forecast quarterly earnings and revenue beat analysts estimates as for the broader retail outlook, Stephen Sadove is senior adviser to MasterCard and a former CEO of sex I expect that you're going to see over the course of the next several months pretty good retail sale. Overall, retail sales numbers. I see it in the spending pulse numbers. I see it in the earnings and the traffic numbers when you look at the ecommerce sales. So I expect all of these companies, obviously, there's winners and losers. But I expect an aggregate the consumer environment to be pretty good today than we did hear from. Home depot. Walmart will be reporting on Thursday equity. Markets lower across the board SNP down nine down four tenths of one percent. Dow Industrial's down one seventy down seven tenths NASDAQ down thirteen down two tenths of one percent. Tenure up twelve thirty seconds yield there. Three point one three percent. Gold higher little changed up by less than one tenth of one percent. I'm Charlie Pellett. That's a Bloomberg business flash..
"wti" Discussed on Bloomberg Radio New York
"And we had an unfunded infrastructure plan. Maybe the fed would have to raise rates more quickly S and P five hundred index of fifty eight up two point one percent. The Dow also two point one percent rallying five hundred forty five points. Nasdaq up one hundred ninety four up two point six percent in New York. Charlie Pellett, Bloomberg daybreak Asia. It's a little bit of a head scratcher every market that we track for you on this program. Every equity market is higher here at the moment. Just exactly why will is turn to Doug Christner. I'll say talk about head scratchers look within the Nikkei the leading group to the upside energy, even though we've been talking lately over the past couple of programs about the pullback in crude oil WTI right now in the electron accession is under sixty two dollars a barrel yet if you look inside the Nikkei energy shares are higher as an index by more than five percent. The Nikkei is up. Two percent Charlie was just talking about the rally. That we had in the equity market in the states. Given the fact that the midterms are now in the rear view mirror. Also across the Asia Pacific. We're seeing in Seoul big gains for the kospi up by nearly one point eight percent right now. In Hong Kong, the hang sang better by about nine tenths of one percent. The kospi is I mentioned the Cosby being up one point seven percent. Shanghai composite up one half of one percent and in Sydney. The ASX two hundred is better by about six tenths of one percent. Now, we also have this rates decision here in the states. Although it's a foregone conclusion that policymakers aren't going to budge on the fed funds rate at the moment. But November meeting they'll probably wait to December. If you run the W I R P function on the Bloomberg terminal that seems to be the indication twenty five basis point move to the tightening side next month US ten year treasury last quoted in New York at a yield of three point two two percent still to come. We're looking for Japan core machine orders and later, we're going to get Chinese trade. Data also wanna let you know we heard from Qualcomm after the bell forecast revenue was below estimates. It seems as though the lack of new orders from apple for new iphones. Having a knock-on effect for Qualcomm because Qualcomm gets licensing fees from apple. I'm dot krizner at Bloomberg interactive brokers studio in New York. Juliette? Thank you, Doug. We'll US attorney general Jeff Sessions has resigned at the request of the president Ed Baxter is covering all the global news in the Bloomberg nine sixty San Francisco newsroom. Ed. Yeah. Juliette? Thank you. Whether stay started.
"wti" Discussed on KTRH
"Patch radio show. Our guest today is Bob Peterson who is a partner at AD L and Bob before the break, we were talking a lot about the infrastructure issues complexity part the necessary need for independence looked partnerships. But talk to me a little bit about premium price premium and commanding a maintaining a price premium for their creed. Unfortunately, canvas starts out with. The price penalty. Currently if you look at the history of WTI crisis. Is always up until the shell boot tracks. Ran very closely. There's an interval in around two thousand eight to two thousand fourteen which was the first show, boom. Where? Structure in Cushing was insufficient to carry oil to the various markets. And so we saw a WTI discount of oh anywhere from five to ten dollars a barrel. Up here and remain for about six years until the infrastructure is caught up. So now, we're seeing the same phenomenon. In the Permian, currently where there's a a Permian discount. It's growing to about twenty dollars a barrel to the WTI pricing. And the reason for that is take away capacity is slightly less than current production. But there are a number of oil pipelines that are that are being planned and will be built over the next two or three years if they come to fruition. Production growth is ads estimated will. Potentially reduce the Tommy and discount, so one one important step is to make sure that there are sufficient project funded such that the police oil can make it to the gateway ports such as Houston, Corpus Christi and even potentially Brownsville. And then so item to is ensuring that wants the oil gets there. It has sufficient there are sufficient markets. So. Second key to maintaining or say, Christ Perry. WTI? In the previous segment ensuring that there are agreements. To with various various entities such as petrochemical firms or. Global reciters to ensure that the the market the oil. Taken at the WTI, Bryce. The other the other opportunities here is. Super should explore is once you are seaboard, Dan, you're not necessarily bound by WTI. You can't be priced at Brandt. So which is which still run said a bit of a premium to WTI. So second strategy is to what for sale opportunities where the buyer is willing to pay rent. Notch WTI, which you know, once you get into the global market, and once you develop skills around trading that that is an opportunity and ended up third you open with what about price premiums. So the. The Delaware basin which is. Much less developed in the Midland and will contribute. A lot of the. Oil has a. Light oil, which is very similar to Yatra lights from Saudi Arabia, which by the way is is in decline. So one strategy that another strategy that independence any producer might think about is. Can can we keep our ultra light, Delaware? Separate and not mixed with lower grade oils from other parts of the Permian. And can we sell that just as the Saudis do had our premium again to the global markets, so close the gap I like pipeline infrastructure. She used the price of Brent versus WTI. Premium opportunities for some of the crude that will be eventually coming out of Delaware. Exactly. Well, very interesting and actually this this report that you all released. His also extremely interesting as well. It it really is.
"wti" Discussed on Computer Talk with TAB
"Six, six WTI five to two WTI and let's go to Jim in Bristol. Next Agem. What's up. Can you hear me? We can gonna Pat connection, eight real quick. There away you gotta recording. Let's listen to your show. Is there a way to. Want to convert that to tax, you know, to download it to in writing in text. Is there a way to do that. There are tools out there that will convert audio to text for you have to find one for you as a link so that you don't so you have you have so many with a hearing issue or impairment. Yeah, yeah, I'm sure there's probably ways to convert podcasts to tax that would have to. I'm sure there's services out there that'll do that and but I had to find it for you, Jim. I don't know enough top of my head, but I'm sure they exist and we can put a link up on computer talk once we find it so that you can share it with whoever's having an issue. So you know, it's lit, let's say, did you for example or like, I don't know if there's, there's there's something a meeting on being, you know, being a brought, it's on your computer. You can watch it on. I don't know not into this stuff. So so what I'm saying then, so can you, you know someone on want, I want to record not record it, but I wanna download this three minutes of this meeting down into, you know, just wanna. I don't wanna confuse you. Well, there are definitely podcasts transcript speech to text conversions that you can do. It looks like apple has it kind of maybe, ah, DASS ity Dowsett does it, but I can do. I can find some answers for you here. But if you're looking for ways to do it, like through your cable, television service where you're watching the meeting like a town meeting or something they should be doing closed captioning. I don't know though if they then record the meeting and then make available to be played later depending, I guess it would depend on your town. You may have to ask you if you're in Bristol, I meant to acetone in Bristol or wherever your person that you're talking about lives. If they do that for you. Sample would say, I don't know TIC or going, I heart radio, and there's another. You know, another OT I want when this comes up after the break, I want to get this four minutes of, I'm just an example. So you understand. I just want to get this four minutes of what comes up after the break, then get into print that soon. That's what I'm saying before I talk about it. You wanna have you wanna on Bor before the host talks about whatever they're gonna talk about. You wanna know what they're going to talk about ahead of time. Let's let's say, for example, and I'm using you'll because I tell we're gonna. We're gonna step out for a break, but when we come back, we're gonna, oh, against a Joey is going to be our guest after the break. Stupid. Okay. Well, could I want to get that? You know? So that three years you joy for, let's say three minutes. Well, can I get it down into text? And that's what I'm asking since there are services out there that do do that. Services for the. You'll post this on. I'll try to find something that hopefully answers your question. And if anybody's out there who already is using this type.
"wti" Discussed on Bloomberg Radio New York
"Talk about a surge wti crude oil features they are up more than fifty percent since alot of just under forty five dollars a barrel that was back in late june of twenty seventeen so not quite one year ago our next guest believes that this market is quote richly priced while there's zimmerman is our guest chief technical alison i cap he joins us on the phone from jersey city new jersey hey nice to have you here we've all been watching the move up in oil prices do you think we're getting to a point where it kinda tops out i think we're getting dangerously close and there was a seasonal elements all of this crude all typically bottoms and key one and peeks into the spring and a big component of the typical winter to spring rally or mideast fears and we have the latest iteration of that driving these markets higher so i could see a little bit higher but one of the things that concerns me is this continual widening of the brent wti spread this is a sign that wto is having increasingly trouble increasingly difficulty keeping in the bowl game here okay so how would you trade this market right now well first of all would you think there is a little bit more room to the upside here but whatever is remaining on the upside is probably more a gift to crude oil producers everywhere from saudi arabia to the permian basin and less a tradable move for investors i would think any further upside is probably more prudent to be scaled up taking profits if you're in an investor and certainly scaled up hedging if you're a producer you know it's interesting to i do always wonder do we get to the point where it hits a certain point and people start to back off on demand and so it just kind of rights itself do we get to that point anytime soon as well well given the time of the year you have to think yes you have to think that the the enthusiasm well wayne and i think you're already seeing that in wti here sprint up a dollar twenty one right now wti only up thirty three cents to me that's a big warning sign and i think what's behind that warning is you have seven thousand seven hundred plus drilled.
"wti" Discussed on Bloomberg Radio New York
"Course this is going to get people's focused on refining and in addition whether other smaller refining companies in the us such as holly frontier or cv our energy are likely to be gobbled up by a bigger competitor in addition now i think the industry is gonna look at tb f energy phillips sixty six valero to see if they're gonna participate in further consolidation just as far as production goes what's your estimate for shell production going forward do you think that it's going to keep ramping up or do you think that the price supply demand dynamic is going to keep things in check well given mad wti prices are at sixty dollars and i actually expect them to rise during the course of this year as world oil demand continues to improve i expect that shell production is going to continue to rise believe in texas were right at about three point one million barrels a day out of the permian basin the market expects that to continue to grow the biggest impediment actually too shallow up production is the fact that all the pipelines leaving the permian basin to get that material to the texas gulf coast are full and there's really no significant relief in sight from that front until the second half of two thousand nineteen thank you very much for being with us andy lippo of lippo oil associates shares of marathon oil they are up by six tenths of a percent and just checking the price of west texas intermediate crude is higher right now by a tenth of a percent sixty dollars eighteen cents for a barrel of west texas intermediate crude on the nymex you're listening to bloomberg markets i'm pimm fox along with my cohost and colleague lisa abramowicz this is bloomberg information is vital how do they get the votes to pass this thing get it here this attack was the final straw politics policy power and law he did suggest that his finances would be a red line weekdays at noon eastern on bloomberg radio this is a bloomberg market minute.
"wti" Discussed on Bloomberg Radio New York
"The end pulling back against the dollar by about one tenth of one percent dollar yen one oh seven forty six and that is helping to push the japanese equity market higher with the nikkei better by about four tenths of one percent and if you look at e mini futures now for the us market we're trading at higher levels for both the dow industrial e mini the s and p five hundred e mini and the nasdaq one hundred many anything in the order of at least six tenths of one percent is what we're seeing right now in seoul the kospi holding onto a slim gain about one tenth of one percent and insignia the asx two hundred is higher by about six tenths of one percent now crude oil speaking of risk on crude oil saw a big week last week over the five trading days we were up about nine percent and that was even before the action against syria had taken place brag now crude pulling back in the electron accession by about seven tenths of one percent were trading sixty six eighty nine the end the wti active contract friday we had commentary from boston fed bank president eric rosengren he was saying the fed may be too slow in raising interest rates right now in the tokyo session we're backing up in yield by just under two basis points on the ten year two point eight four percent the two year treasury is at two thirty six and again we've got earnings this week we were talking earlier in the program about the wells fargo's numbers i e even though the numbers themselves for q one we're better than expected the bank warned of a possible hit two first quarter bottom line giving the looming settlement with regulators here in the states in the week ahead we'll hear from bank of america along with goldman sachs and morgan stanley in the friday session here in the states of financials were hard hit and also friday to house passed a bill to make the fed the sole regulator in charge of the volcker rule this is something the big banks have been seeking for years they believe it will make complying with that controversial provision less burdensome san francisco next so we can get you caught up on global news what do you say at baxter's in the bloomberg nine sixty newsroom ready all right.
"wti" Discussed on Computer Talk with TAB
"Not so easy metsu easy and i'm happy travel agents still out there so you can is going to go to them and say all right here's what we wanna do you hook it up forest 'cause it's a big panama hina to do it yourself i'll tell you uh we've had no luck uh figuring out what we wanna do for you back to more your calls if you can hang on review to eleven o'clock we have three lines open eight hundred nine six six wti see fivetotwo wti sees a bruce hang on we'll get to your call after the news everything we've talked about his posted by mike g live the posted to computer talk with tab dot com hello supposed to defaced book if you like us untapped computer systems it'll will also go to tap computer sis if you follow us on twitter we'll be right back pammy are back this is computer jack with tabai merrick eta bob there were huge eleven o'clock we have four lines open feel free to get on line two hundred nine six six wti five fivetotwo wti seen in we'll do our best to help you out he competed problems commons questions and concerns speaking of concerns bitcoin um comey bitcoin's would you pay for would you would you accept for your house there bob well if there are valued as much as they would probably be less than one oh they coin is a big mess actually it's unregulated and you're finding that now that uh more more folks are looking at getting into bitcoin i mean i wouldn't touch with a 10foot pole but that just me um community uh the commodity futures trading commission is announcing lawsuits against companies who are involved in bitcoin and cryptocurrencies um one of the companies is called cabbage tech um they're inducing customers to pay for the currency trading expertise that was never provided really is no expertise in this guys um and another is the entrepreneur's headquarters limited are being sued for soliciting one point one million dollars worth of bitcoin from more than six hundred members of the public um ubiquitously bit of a strange.
"wti" Discussed on CNBC's Fast Money
"Good to have you with us obviously the the two storms harvey arm of that we've seen so far impacting the energy industry in very different ways with harvey obviously really impacting the production of of a product and then with erma is it's impacting the demand for the products where do you stand right now in terms of where the price of oil should be the price of oil is going to be very do it's going to be difficult for crude oil to get much above if we're talking about wti much above 55 dollars we've stopped there several times fifty dollars is going to be very difficult but 55 is probably a long term top the market continue without being too much of a a geek or or dork as we were talking about earlier on the the fact that you have the the crude oil market in a contain go especially wti tells you that supplies are abundant there's plenty of what they called ducks drilled but uncompleted oil wells out there that anything above fifty dollars wti will come on stream so it's gonna be very very difficult unless there is some truly schizophrenic or or or or tragic uh geopolitical or or whether event that or or some some some problem in the middle east that could give you a very brief move up to sixty dollars but the ability for crude oil would wti to get about fifty to fifty five dollars gonna be very very difficult for i think the next one two and even three years into the future to be it sounds like he you believe at this point lead we circle back to training oil often off this notion that it's there's complete oversupply in a market at center it's going to get across empty so how can interpret the the balance we saw an energy stocks.
"wti" Discussed on Bloomberg Radio New York
"Wti last quoted at fortyfour eighty eight global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm doug prisoner this is bloomberg it's forty eight minutes past the hour and now it's time for bloomberg view amac mccardell a columnist for bloomberg view how frightened should be better prospect of amazon merging with whole foods does this herald the smashing of yet another market until main street is empty and all of us were forced her rent air from the us monopoly anything's possible but i'd bet against it yes amazon's and trying to move in a groceries for quite some time and buying whole foods will considerably help them but it's worth noting the reason amazon can acquire whole foods says the grocery businesses a rough industry to be in right now with ferocious competition and razorthin margins amazon will have a tough time realizing the kinds of economies of scale that have allowed it to disrupt out the markets groceries at me warehouse very close to the consumer and handled very carefully and unlike books are computer cables they spoilt without careful expert inventory management it's easy for those thin margins to run into the red even if they succeed they'll have another problem when businesses get two powerful the government generally step tend to disrupt them so we'll amazon may stay in the growth she visits probably the safe to bat that so we'll your local store i necking mcconnell a columnist for bloomberg view for more commentary go to bloombergcom review go on the bloomberg terminal thanks meghan after the 2016 election the democratic party elected former labor secretary tom perez to lead a renewal of the dnc but after losing four out of force special elections earlier this year perez is under increasing pressure to find a winning strategy for the twenty eighteen midterm elections bloomberg's david gura and an edwards had the opportunity to speak the threats great to speak with you every republican senators are going on their states they'll be meeting with constituents that next accusing the like democrat we'll be as well what's their message going to be their constituents well i hope those republican senators will meet with their confirmed because what we saw in the house was that they were actually avoiding their constituents and their avoiding their constituents because their constituents.
"wti" Discussed on Bloomberg Radio New York
"On the enforcement have those stories of more coming up in bloomberg sports out as hong kong's incoming chief executive view the economy and relations with china bloomberg talks with carrie lam live that's all straight ahead on bloomberg daybreak asia on bloomberg eleven very owner york bloomberg 991 washington d c bloomberg 1200 loss austin who bird nine 60s entrances go siriusxm won nineteen and around the world on bloombergcom and via the radio bless mullah it is friday he in the asiapacific good morning to our audience in hong kong and across the pacrim i'm doug prisoner bloomberg world headquarters in new york yes yeah day behind i'm jimmy at sally in hong kong where it is friday blamed like daybreak as have presented by interactive brokers write a top choice a international trade as the nonconsecutive as according to ban france is at abc dot com slash aborts to learn mall but we think some upside in the markets that i open my sleigh doug yeah we are indeed a bit of positively although i guess you could characterize this as a markets there ending things on a bit of a tepid note for the week we've got oil just below 43 a barrel wti at forty to eighty eight uh the yen slightly weaker agrees the us currency were trading won eleven forty two in dollaryen and that's helping to give a little bit of a lift to the nikkei 225 is up by about one tenth of one percent right now the kospi had four tenths of one percent and in sydney the asx two hundred better by about one tenth of one percent we had a weaker dollar in the states after other feds jim bullet was quoted by the wall street journal saying the feds projected path of rate increases may be too aggressive although right now a bloomberg dollar spot holding steady we're at eleven ninety eight nine and the us 10year treasury with a yield of two point one five percent juliette overdue for us banks looking pretty good in part one of the feds stress s test there were pulled out today says even in the feds severe recession scenario thirty four of the largest banks would remain wellcapitalised that morgan stanley trailed the rest of wall street on a came measure leverage and from the bloomberg news dream yeoman on iran says one potential surprising.
"wti" Discussed on KBNP AM 1410
"Say down by now and says the cable doubtful tens of upset won twenty nine votes than anticipated abkhazia area inflation that's coming out later may leave the ep well take and then models say to point out to listeners china pierre my data holding out that comes ahead of the chinese chang visiting germany state took a lot more about that in the rest of the let's just bring you up to speed with me on the six hundred say we just below the flatlined intensity took six hundred at the died in germany managing to make some gains up twotenths of one percent benefit of lacklustre session following on from asia which was a mixed picture say nbc asia pacific was down then we had a mixed bag the shanghai come up twotenths of upset china has been on holiday for a couple of days they were coming back on and in terms of commodities is only wti crude is down eight percent folks seventeen point three to fifty one thirty six and just looking in terms of the us markets where they might actually looking to a positive on the dow jones even features s p five hundred of course sp five hundred actually still there those record highs absolutely and a fascinating news out of the us as well from from larry fink let's kick off our top stories though here in britain the pound has slumped desired these surrounding the outcome of the uk general election heightened after a poll showed theresa may's conservative party may lose its majority by sixteen seats sterling underperformed all of its g ten peers after yougov poll in the times showed that the tories may lose twenty seats in next month's election while the main opposition labour party could gain twenty eight to be fair there was a wide margin of error there this comes as treason may launched particularly personal attack on jeremy corbyn yesterday he simply not ready to govern and not prepared to lead and he's not prepared to use the nuclear deterrent he's not action against terrorists he's not prepared to police the powers they need to keep us safe he's not prepared to take a single difficult decision for the good of our economy theresa may wording out another catchy lied about jamie kobe that he would be loaded kids crave taking.