Business
Oil Will Break Out of Range to the Upside: Vanda Insights
Apr.12 — Vandana Hari, chief executive officer and founder at Vanda Insights, discusses the state of oil markets, why geopolitics don’t impact markets like they used to and what it would take for oil to break out of its range. She speaks on Bloomberg Markets: Asia.”
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Six months into the US conflict with Iran, oil flows from the Persian Gulf have recovered to about 40% of prewar levels, but risks remain as the Strait of Hormuz stays constrained and the Navy faces mounting pressure on personnel, equipment and finances. Bloomberg News Economic Statecraft Lead Chris Kennedy and Bloomberg News Defense Reporter Jen Judson join hosts Christina Ruffini and Bailey Lipschultz on Bloomberg This Weekend and discuss the strain on US military readiness and why a new US deal involving Venezuelan oil fields is unlikely to deliver a significant near-term boost to global supply.
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A deadly flash flood tore through a valley in Nepal near the Chinese border, leaving hundreds dead and more than a thousand missing. Foreign tourists are among those affected as authorities brace for flooding downstream.
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Indian Prime Minister Narendra Modi called on President Vladimir Putin to end Russia’s war in Ukraine during a meeting on the sidelines of the Shanghai Cooperation Organization summit in Kyrgyzstan. Bloomberg’s Sudhi Ranjan Sen explains what leverage India has with Russia, why Modi made the appeal now and what it could mean for the two countries’ ties.
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Kenneth Rogoff, professor of economics at Harvard University and former chief economist at the IMF, discusses the US deficit problem and why he thinks it is unlikely to be addressed until a major crisis forces voters to act. He speaks with Bloomberg’s Tom Keene at the Federal Reserve’s annual conference in Jackson Hole, Wyoming.
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The US and Canada appear to be headed for a prolonged trade standoff, with no current negotiations and Canadian officials expecting serious talks may not resume until after the US midterm elections. Bloomberg News White House Correspondent Jeff Mason and Bloomberg News Executive Editor for Canada Derek Decloet are on Bloomberg This Weekend with Christina Ruffini and Bailey Lipschultz to discuss the economic pain on both sides of the border, Canada’s push to diversify its trade and whether Prime Minister Mark Carney’s resistance to President Donald Trump could influence how other US allies respond.
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@jiayangshao4736
January 20, 2024 at 10:56 am
The crude price better move upside, I am losing a lot of money, I have zero patience for things like this
@kayvan532000
January 20, 2024 at 10:56 am
This lady knows what she's talking about, and you cut her short?!
@mrpmj00
January 20, 2024 at 10:56 am
– BUY NVIDIA for the chips. Best companies: Amazon, Apple, Facebook, Nvidia, Microsoft, Nvidia, Netflix, Zoom so these are the stocks you want to own.
Also Wells Fargo, Disney for the recovery. Resistance is futile.
@amarchandkoya9839
January 20, 2024 at 10:56 am
so bullish , 20 MA crossed down 50MA on Brent daily 🙂
@davidblick2192
January 20, 2024 at 10:56 am
Trump did win the election.
@keni_g3
January 20, 2024 at 10:56 am
invest in BP
@DandyFinance
January 20, 2024 at 10:56 am
Demand goes up – production goes up.
@augustuscaesar5291
January 20, 2024 at 10:56 am
Gran Tierra energy GTE on the NYSE.
@method341
January 20, 2024 at 10:56 am
I am buying Devon Energy
@mattg8431
January 20, 2024 at 10:56 am
All oil producing countries have been deprived of oil revenues for over a year, I'm sure they must be dying to ramp up production and sell more once demand comes back. US shale is profitable at $60 oil. This can't be bullish
@32lkrpo2fjm
January 20, 2024 at 10:56 am
Current EU/EEA vaccine uptake courtesy of ECDC; https://qap.ecdc.europa.eu/public/extensions/COVID-19/vaccine-tracker.html#uptake-tab
@Okayand33
January 20, 2024 at 10:56 am
Sell.
@Freddie_Dunning-Kruger_Jr.
January 20, 2024 at 10:56 am
Peak Oil is 2050, there is no American infrastructure with out oil. Time to make money on the last fossil boom.
@Mr44B
January 20, 2024 at 10:56 am
What a load of vested interest charlatan permabullshit from you and her. Firstly it's not in a "range" it's been in a sell off the last 5 weeks that has seen it lose 12%. Furthermore if youa re talking about the very short term price action it is simply consolidating before another leg lower to $55 which will mean it is DOWN 20% from early March highs and will therefore be in a technical bear market!!
@chessdad182
January 20, 2024 at 10:56 am
The price of gas has been grinding higher. $4 per gallon not far away.
@1966human
January 20, 2024 at 10:56 am
Only a few years and I've got my MG electric car
@hemant05
January 20, 2024 at 10:56 am
Even with Biden's green energy plans?🤔
@redstar151
January 20, 2024 at 10:56 am
Oil boom is finished! Get out oil stocks A. S. A. P. Peak oil happend in 2019.
@tonyroldan238
January 20, 2024 at 10:56 am
"