alix: that was bob patel of lyondellbasell. and china demand is key for that company. propylene imports from the u.s. were at a record, and now the chinese product tariff adding another wildcard to the macro picture. here is what is on my commodity radar. tuesday, china is going to release metal and energy output data. are they curbing aluminum production due to tariffs? and wednesday, reporting second-quarter earnings, and friday, deere reporting third-quarter earnings. caterpillar was pretty great. can deere live up? and that does it for "bloomberg commodities edge." make sure to catch us each thursday at 1:00 p.m. new york time, 6:00 p.m. in london. ♪ phones have made our lives effortless. streaming must see tv has never been easier. paying for things is a breeze. and getting into new places is even simpler. with xfinity mobile, saving money is effortless too. it's the only network that combines america's largest, most reliable 4g lte with the most wi-fi hotspots. and it can be included with your internet. which could save you hundreds of dollars a year. plus, get $

alix: that was bob patel of lyondellbasell. and china demand is key for that company.ne and propylene imports from the u.s. were at a record, and now the chinese product tariff adding another wildcard to the macro picture. here is what is on my commodity radar. tuesday, china is going to release metal and energy output data. are they curbing aluminum production due to tariffs? and wednesday, reporting second-quarter earnings, and friday, deere reporting third-quarter earnings. caterpillar was pretty great. can deere live up? and that does it for "bloomberg commodities edge." make sure to catch us each thursday at 1:00 p.m. new york time, 6:00 p.m. in london. ♪ scarlet: i am scarlet fu. this is bloomberg etf iq. we focus on the risks, assets, and rewards of exchange traded funds. ♪ scarlet: tesla shareholders grapple with the possibility of the electric carmaker going private. we talked to one investor who is etf that has the most exposure to tesla. the vanguard effect. our guest explains why his firm has a structure similar to vanguard. that returns profits to investor

alix: that was bob patel of lyondellbasell. and china demand is key for that company.pane and propylene imports from the u.s. were at a record, and now the chinese product tariff adding another wildcard to the macro picture. here is what is on my commodity radar. tuesday, china is going to release metal and energy output data. are they curbing any steel or aluminum production due to tariffs? and wednesday, reporting second-quarter earnings, and friday, deere reporting third-quarter earnings. caterpillar was pretty great. can deere live up? and that does it for "bloomberg commodities edge." make sure to catch us each thursday at 1:00 p.m. new york time, 6:00 p.m. in london. ♪ carol: welcome joe "bloomberg businessweek." coming up, a story on apple and whether or not it really is a champion of privacy. jason: we also go to the big news of the week, one must taking his company private -- elon

alix: that was bob patel of lyondellbasell. and china demand is key for that company.ropylene imports from the u.s. were at a record, and now the chinese product tariff adding another wildcard to the macro picture. here is what is on my commodity radar. tuesday, china is going to release metal and energy output data. are they curbing aluminum production due to tariffs? and wednesday, reporting second-quarter earnings, and friday, deere reporting third-quarter earnings. caterpillar was pretty great. can deere live up? and that does it for "bloomberg commodities edge." make sure to catch us each thursday at 1:00 p.m. new york time, 6:00 p.m. in london. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outm

i recently caught up with bob patel, the ceo of lyondell the to see how they are positioned to profitb: we have one refinery, 270,000 barrels a day, in houston, texas, and that is a very heavy crude processing refinery, high complexity. we think it favors our refinery for a couple of reasons. first of all, because of imo and lower sulfur spec, it is likely that sour crudes will be in less demand. not all refineries can handle them and still meet the new specifications. so we think the light-heavy differential will open up, which favors our refinery a lot. the other is we think diesel will become more expensive, or higher-priced, and the diesel margins will expand. in a complex refinery like ours, we yield more diesel. we think there is a two-fold benefit, wider diesel cracks and wider light-heavy differentials. alix: to make a distinction, the idea of the imo's is that you'll -- a refinery will have to change equipment, like a scrubber, so they can process heavy crude, or they will be stuck with light crude in the process, in which case there's a lot of demand for that. did you alread

lyondellbasell's ceo bob patel outlines expansion plans for one of the largest petro-chem giants in the♪ alix: i'm alix steel, and welcome to "bloomberg commodities edge." it's 30 minutes focused on the companies, the physical assets, and the trading behind the hottest commodities with the smartest voices in the business. all right, let's kick it off with "spot on."

lyondellbasell's ceo bob patel outlines expansion plans for one of the largest petro-chem giants in the. ♪ alix: i'm alix steel, and welcome to "bloomberg commodities edge." it's 30 minutes focused on the companies, the physical assets,

alix: that was my interview with bob patel of lyondellbasell, who could profit from lower sulfur fuel is on my -- here is what is on my commodity radar. a busy day on tuesday. you have a cracker seminar, a two day seminar that only happens every two years. watch that. we'll see what they will say about imo rules. and my field china conference begins in shanghai, everything you need to know about iron ore. and brazil steel congress also happening in sao paulo, a political environment and a steel environment. how commodities and political risk interact. that does it for "bloomberg commodities edge." make sure to catch us every thursday at 1:00. ♪ ." "bloomberg businessweek i am taylor riggs. a lot going on in the magazine. tyson wants to be your one-stop shop for all things protein. >> and tmz's shift from hollywood to washington as it breaks into celebrity politics. withlot going on in turkey

lyondellbasell's ceo bob patel outlines expansion plans for one of the largest petro-chem giants in the♪ alix: i'm alix steel, and welcome to "bloomberg commodities edge." it's 30 minutes focused on the companies, the physical assets, and the trading behind the hottest commodities with the smartest voices in the business. all right, let's kick it off with "spot on." it's our analyst's take on or

alix: that was bob patel of lyondellbasell.er part of my interview with him tomorrow on my show at 1:00 p.m. eastern when we talk about growth. how does that get derailed if there is some trade war? moneyhas been a lot of poured into the u.s. patrol chemical industry -- petrochemical industry. it was an interesting interview. david: and not unique to the ceo. megan greene of manulife asset management is still with us. we talked about the macro aspects of the u.s.-china trade disputes. what about the micro? ubs has a report out saying if there is a trade war, 90% say they will cut down on capex. anecdotally, you hear firms saying the environment is so uncertain that we are going to delay and defer our capex spending. that is a huge deal because capex spending is what we need to boost productivity growth in gdp. without that we are a 2% economy. david: willing to delay and affair without resolution because of the uncertainty. megan: you are starting to see this come through in some of the sentiment indicators in the u.s.. the lat