brent: what are the plans for firefighters?re they plain and simply trying to extinguish the flames or are they hoping to containment tilde fifis burn thehemselves out? jason:n: right now containment s the number one priority. they are using helicopters, and six wiwing aircraft to drop fire retardant on a massive footprint around the malibu area, about 140 square miles worth of terrain is what they are trying to, to encompass intoo the footprint of the woolsey fire that is burning down here. and everything that is inside that footprint, if a flareup happens, they will get you it, but as long as the fire stays within the containment line and they are making some progress but as long as that fire stays within that line they are making progress. brent: we, our -- we want our viewers to be aware there are fires in the south where you are, in the south of california and also in northern california. hundreds of people are still missing further north in bute county where the town of paradise used to be. what is the latest frorom there

helena: back over now to brent. brent: let's talk some politics now.alking about the german politician who has sites set on the european union's highest office. today, the man you see behind me launched his run for the job of european commission president. he is now the front runner to take over from jean-claude juncker. >> a german hitting up the european commission. that prospect came is still closer to reality this afternoon. manfred weber will be the lead candidate for the conservatives in next year's euro elections. the conservative veteran won a decisive victory over his finni sh rival. when you are elected with nearly 80% of the vote, it puts you in a strong position to take on the responsibility. i want to meet people and offer, that we have a clear idea where we want toto lead europe. has platform is a conservative one, playing of the importance of homeland and his christian roots. he had been criticized for preaching european values while not calling for the stridently anti-eu hungarian premier viktor orban to be thrown out of the party. that

gunnar: back to brent -- helena: back to brent.nt: new developments, reports from pakistan suggest a christian inmate will be released from death may -- death row. her status remains unclear. some officials say asia bibi has been transferred to islam is not for security reasons, , but auauthorities are prereparing ty her out of the country.y. pakistan supreme court acquitted her of blasphemy charges. that triggered violent protests by islamist groups who want to see her publicly executed. in cameroon 79 boarding school students who were kidnapped by separatists have been released. the kidnappers are still holding three i don't hostages from the school. the children aged between 11 and 17 were seized mondayay morningn the capital of the northwest region of the country. no single group says he carried out the kidnapping but separatist militias have been calling for a school boycott. one of german chancellor angela merkel's closest allies have officially launched her campaign to lead the chancellor's conservative cdu party. she announ

brent: you are watching dw news live from berlin.fter a short break, i will be back to take you through "the day." prince charles turned 70 today and he celebrated with an unusual tea party. take a look. [crowd shouting] ♪ . and on the island he revealed. thank you and you. you can come and i'm going to reserve a local council. ten down down his residence is safe i can't count was in full agreement on the drop draft rex rex is great reason this is making. ten protest has that. the end ththe end street. as they say that

. ♪ brent: i'm brent goff. it's good to have you with us.he united nations says that humankind is falling further behind in its race to limit climate change. the u.n. report released by the u.n.'s environment agency today finds that greenhouse gas emissions have risen in the first time in four years. the report urges countries to put forward more ambitious, voluntary national targets. the european union's climate chief, meanwhile, has called for the eu to aim for net zero emissions by the year 2050. that means that the eu would not create any more emissions than it removes. for more on this i'm joined now from boston by kelly levin. she is a senior associate at the world resources institute and she is a co-author of that report released today. it is good to have you on the program. i have got to ask you, when i read your report, have we been sugarcoating this s situatioion? i mean, why are we still failing to reduce greenhouse gas emissions?s? kelly: thanknks, great to be wih you. so, this is a a reporthat is done a annually and documents se

: i'm brent goff.t's good to have you with us. tonight, ratcheting up the tension. russia's president vladimir tin is accusing ukraine of orchestrating sunday's naval standoff where russia seized three ukrainian boats and at least 12 ukrainian sailors. they have been detained pending trial. u.s. president donald trump says he is deeply concerned about what happened. ukraine's president has declared martial law in the border reregions a and he is warning tt russia is preparing for war against his country. reporter: this is what many -- what life has become for many living here. it is the closest ukrainian city to two other cities now controlled by russian-backed separatists. since sunday's naval clash with russia, ukraine has begun to enforce martial law in the border regions. the country's president petro poroshenko has warned there could be a russian invasion. >> these tanks have not yet been removed. they are still there. i do not want anybody to think that those are toys. the e country is under t th

brent: in washington, oliver, thank you. the fate of the pakistani christian woman is back in the hands of the country's supreme court tonight. islamist hardliners have filed an appeal and a at reversing g r acquittatal on blasphemy charge. she spent eight years on death row before us up in court ruling counter innocent last week. she has been stopped from living pakistan pending the appeal. speaking at a press confererenc, her lawyer said that he had fled the country fearing for r his le after hard-line violence arrested following news of the acquittal. dw spoke with understand's administer. we asked if she was safe to remain in pakistan. is it save given the violence and the intense anger over the case? >> the security around her is very tight. we are confident that she is ready. because ofof her security, she s under security. brent: that was the security ministster of pakistan speaking with us. here are stories makaking heheadlines around thehe world. videdeo has emerged showing arod 80 students kidnapped from a school i

brent: that was oceanographer chris farwell. divers in indonesia have looked into a black box from a jet that crashed monday. it is hoped the device will shed light on the tragedy, in which 189 people died. the boeing 737 went down 13 minutes after taking off from jakarta. >> the heat is on for indonesian aviation authorities. they are under huge pressure to explain what went wrong on the flight. this could help them. one of the plane's blackbox recorder's. -- recorders. >> now that we ever treat the black box, we -- now that we have retrieved the blackbox, we hope to uncover the mystery of how the plane crashed. >> one salvage team said they dug deep to find the box buried on the seafloor. examination of the wreckage continues, but it is tricky and slow going. much of the plane remains hidden beneath the surface. slowly, the bodies of the missing are being returned to pfamilies are beside themselves, entire villages banding together as they grieve. once a victims are identified, funerals can be e held. identification prevents -

and major brent taylor lived these values. first loyalty, major taylor swore to bear true faith and allegiance to the constitution of the united states and to support and defend our nation's guiding documents against all enemies. he demonstrated this loyalty to this time and time again. duty, major taylor earned a bronze star for his outstanding dedication to duty during combat operations in iraq. the army says doing your duty means more than carrying out your assign tasks. major taylor's military service record shows he employed this guidance to the fullest. so, too, does his life outside the military because, you you see, major taylor was not only major taylor, he was also mayor taylor. his community and neighbors entrusted them to lead and provide and elected him mayor and in that role he did much more than carry out his assigned tasks. he worked to beautify and improve the city. create a community welcoming to newcomers, and in the predawn morning of his last christmas on earth, mayor taylor ventured out into the cold to o

brent down 5%, bp down 2.5%. so not the full translation from the commodities market into the equities market. kailey leinz nailed it on volume, that is the story. light volume. europe is up, but not by much. and oil stocks are the real losers right now. trying to take a signal from the price action on equities is a little on the difficult side. we will wait until monday and i think everybody will be back. and some results in which we can gain a disastrous estimate of where we are. and today has seen weak pmi data from europe. this survey data, some people do not believe you should pay that much attention to it, but central bankers are, so i think it is worth taking a look at. we are actually seeing a -- a little bit of -- with the yields coming down a little bit, by four basis points. when you're only trading at 33 basis points, that is a deep move. mario draghi will be publishing fresh assessments on the european economy. and the q3 was a temporary slowdown, but it is beginning to look like it will be fairly li

and brent.o the arbitrages that's referred to has widened significantly with w.t.i., the heavy discount to brent approaching just recently almost $11 a barrel. and that weakness in t.i. has been driven by inventories in the u.s. ballooning, specifically in areas like the premian basin where we suffered from issues like pipeline bottlenecks and the iability to et this she'll -- shale oim to he -- oil to the international markets. as we expect it to be completed in the last half of 2019 the discount from w.t. toirks brent tightens up and we expect it to move from where it is now $9 or $10 to $5 a barrel. playing the arbitrage is a separate trade idea. trade recommendation for the drerksal view that we expect on brent into year end from the levels where we are now. yvonne: yeah. i think -- and elected to drop is opec come in talking about how they've increased output by some 430,000 barrels a day in october. and they've really shifted to this kind of produce as much as you can mode. do you think th

army major brent taylor. he was also the mayor of utah.in afghan tan touring his fourth tour of duty. he was only 39 years old, and he was the father of seven children. his widow delivered powerful words after receiving his body back onto american soil. >> to call it a sobering event would be an unspecable understatement. to say that our hearts are anything less than shattered would be nothing short of true deceit. and yet to deny the sacred honor that it is to stand so close to some of the freshest blood that has been spit for our country would be absolute blasphemy. >> joining us now from the city down cell chambers where her husband served as mayor for five years and city counselor for six years prior to that. jenny, good morning. can you hear us? >> yes, i can. thank you. >> okay. listen, this is hard for -- we can only imagine how hard it is for you. it is hard for us to hear. drink water. do whatever you need to do because we were so struck, jenny, by your eloquence as you said all those beautiful words about brent. tell us how you a

brent crude also up by 1.9%. oil has climbed after record losses. where oneo abu dhabi of the world's biggest oil and gas industry events is underway. manus cranny is at the conference. a very good day to you. --have the ceo of hammocks pemex. great to have you with us. quick thank you for having me here. manus: it is a big event. let's dig into the business. let's get housekeeping out of the way. how is the oil production looking? give me a bit of guidance? year want to close the around 1.8 million barrels per day of crude oil. manus: going into next year, that is lower than the last time. we're going to come in around 1.8. what can you achieve next year. >> the problem we have next year is to keep the same level. at the end of next year we over 1.8.a little bit because the program is going to be more aggressive, then the program we had for 2018. manus: in terms of the plan for the business, everybody am talking to seems to be so shook up on downstream. aramco are not doing it. there seems to be this real rush. where does that fit in from you? thin

brent today already a big loser —— brent today already up. menthol cigarettes are to be banned.igarette brand in the us, which will be a real blow to bat. and kim gittleson has the details of what's ahead on wall street today. there will be a focus on america's retailers. we will be getting data from jcpenney, nordstrom, and macy's, as well as walmart. when it comes to walmart, investors will be curious to see what impact tariffs have had at the company. walmart warned earlier it'll have to increase the prices of some of its goods as a result of tariffs imposed on chinese imports into the us. after a ll on chinese imports into the us. after all of that, we will get a larger picture of the american retailing landscape when october retailing landscape when october retail sales are released on thursday. investors will then be curious to see what proportion of those sales are coming from brick and mortar stores, which have been struggling recently due to the rise of e—commerce sites like amazon. joining us is ritu vohora, investment director at m&g investments. let's talk about all

major brent taylor, a beloved mayor, husband and father of seven. what his wife said today. >>> good evening from abc news election headquarters here in new york city. there are several developing stories tonight. and we begin with the midterms, of course, and the exit poll results already coming in right now. so many races razor thin tonight. massive turnout coast to coast, look at this line inside a gym in georgia. in houston, look at this. lines out the door. and in st. charles county, missouri, lined up since early this morning. the first exit polls just in, and these are preliminary results tonight. voters were asked, do you approve of the job president trump is doing? 44% said they approve, 55% said they disapprove. did they vote today to send the president a message? here's what they said. 26% said they voted to show their support, 38% said they voted to show their opposition to the president. and 33% said the president did not figure into their vote. we know so many issues in these state races were local. in fact, look at this tonight. when

let's show you what is happening with brent right now. brent is no trading with a 58 handle.r this morning with handle. we are down 6% as we speak. the day started negatively and that story has accelerated. let's show you the implications of that into the oil stocks story. negatively,g similar on the other side of the atlantic as well. 7.2%.down by flyb is a regional carrier out of the u.k. the allows me to talk about airline sector, lufthansa benefiting on days where we see the oil price coming down. be is also trading higher because apparently virgin is considering some interest. small, regional carriers are suffering because they are seeing a higher oil price coming through, and they are struggling now that the price is going down. a bit of m&a speculation driving that stock up. renault up by 2.5%. there is a sense of calm settling over the idea that the renault-nissan alliance will continue. volumes are like, they have been like. -- light. also light in the u.s. today. the white line is where we are, the blue line is average. we are well below. that is a look at the europ

utah the to town's all-in mayor. >> there's really no words to express the loss we feel. >> major brentblic servant committed to military service. four times he deployed to afghanistan. he was one of 15,000 u.s. troops still serving in afghanistan. a war that has raged for 17 years. he posted this on facebook before his latest deployment. >> ours is a small sacrifice compared to what so many throughout our nation's history have done and given. >> last week major taylor made the all-time sacrifice a member of the military he was helping to train shot. that brought the loss of a husband, the loss of a father to seven children. >> he was an awesome role model, active in the guard. we have losz a hero. >> just one week before his death major taylor what would be his last post. we have far more as americans that unites us than divides us. he wrote adding i hope everyone back home exercises their precious right to vote. >> america is serving. that was his greatest honor. his last words were god bless america. >> brent taylor was a major and a mayor, a politician and a patriot and above all a

. >> reporter: major brent taylor was a public servant committed to military service.four times he was deployed to iraq and afghanistan. awarded a bronze star and a purple heart. he was one of 15,000 u.s. troops still serving in afghanistan. a war that has raged for 17 years. he posted this on facebook before his latest deployment. >> ours is a small sacrifice compared to what so many throughout our nation's history has done and given. >> reporter: but last week, major taylor made the ultimate sacrifice. shot by an afghan soldier. a member of the military, he was helping to train. an act of betrayal that brought the loss of a husband, the loss of a father to seven children. >> he was an awesome role model. he was active in the guard, active in politics. his family, churches, his city. we have lost a hero. >> reporter: a week before his death, he made what would be his last post. we have far more as americans that unites us than divides us, he wrote, adding, i hope everyone back home exercises their precious right to vote. >> loved america and serving, that was his grea

funeral services held for 39-year-old, brent taylor in north ogden.iate in utah has the story. >> it makes you proud to be part of this community. >> he did not have to no major brent taylor to be the crowd lining the streets for his procession on saturday. >> we are here to support him and his family. >> am very grateful to him and all of the troops that have served. >> the community surrounding the streets. >> just seen the flag and the flag in the canyon shows love we have for those that served and for mayor taylor. >> decorating the cemetery where taylor's friends and family surrounded his gravesite. his fellow soldiers, brought taylor home for the last time. the emotions, too raw to hide. [inaudible] >> the flag draped over taylor with the layers of his life finishing his legacy presented to his wife. silence and tears as seven more flags were presented to each of his seven kids. the youngest one just weeks away from her first birthday. >> this plot of land is the final resting place for the physical and mortal body of brent russell taylor. >> of

on brent, 8% down on wti.in 2014, we had that big selloff in crude, we dropped pretty 6% in the 80's down to the 60's. that took 5.5 months. on october 3, we dropped 27% on wti since then. 5.5 or six weeks, that is pretty remarkable. caroline: the pace is phenomenal and the volumes are huge. we're seeing 90% increase on the average of the past 100 days on the delete shiite and brent. scarlet: exacerbated by tweeting from the president as well. amaine: you wonder if this is fundamental issue or a technical selloff. and he washauser on touching on this issue with the debt levels being a little more selective. scarlet: he also said crude oil looks to be oversold, even though it is in the band he expressed it to be. if you look at how the industry groups are performing, overall it is a mixed day in equities. red, on then and upside you have chipmakers, transportation companies, banks. goldman sachs is recovering after yesterday. on the flipside, legal back to those energy names. 2.3gy stocks off by percent. how sc

brent wrote, "the strong turnout at that election, despite the attacks and challenges, was a successing people of afghanistan and for the cause of human freedom. i am proud of the brave afghan and u.s. soldiers i serve with. many american, nato and afghan troops have died to make moments like this election possible." it seems only fitting that brent, who in death now represents so much more than anything, something so much greater than any of or own individual lives has come home to u.s. soil on a flag-draped casket on our election day. it is a timeless and cherished honor to serve in our country's armed service's. that honor has opinibeen brent he suffered in the utah national guard for the past 15 years and it has been mine as i stood by his side and it will be for our seven children for the rest of their lives and i pray for many generations to come. the price of freedom surely feels incredibly high to all of us who know and love our individual soldier, but the value of freedom is immeasurable to all who know and love america and all that she represents. brant himself put it best

that is the legacy that brent taylor leaves on this election day.

we are now down 4% on my screen, that is the brent price. vonnie and abigail were talking keeping aoil stocks lid on the markets. how big of a problem will this be? cameron: it is hard to say and i think part of that is we need to see the reaction of the bond market because if you look at the i would -- look at the u.s. where we have data, the magnitude of the drop in crude while spectacular in terms of the losing streak is a relatively small compared to two what we stash compared to 2014 and 2016 where we saw a sharp deceleration in mining exploration and layoffs in rigs after they were closed. at the moment, the rig count in the united states is only about half of what it was at its 2014 peak any magnitude of the oil price decline is a lot smaller. a relatively small impact in terms of layoffs, you might argue that we would get more of a deceleration in mining exploration. for me the interesting issue is the change in oil prices was about 40%. we can project for a few weeks it will be less than zero and assuming an unchained oil price. it

in the energy market, we're seeing a bit of a recovery in asian trade for light crude and brent crudeew york, they were down by more than 6.5% respectively for light crude and brent crude. the bbc‘s new york business reporter samira hussein has the latest from the us. it's been yet another rough day on us markets, so why the sell—off? well, for tech stocks, part of the story lies in the trade war between the us and china. the two sides met over the weekend and it didn't go very well, which has investors worried that a prolonged battle between the two will mean production costs go up and goods become more expensive for consumers, and that would have a big impact on companies like amazon and apple. another contributing factor is the threat of regulations coming down on tech companies. in the face of data breaches and overall concerns around security. but that doesn't explain the more broad market sell—off. what investors are growing more concerned about is the global economy slowing down. then, of course, there's america's central bank raising interest rates to combat inflation and stop

brent some have a position where they want to stop it and referring to other things, fine, but theyversal credit, unless the government itself brings legislation to stop it it won't happen. alessio potato government, you cannot have a general election and the whole idea that brexit itself is under threat, i don't think it's as strong a card to play to the heart brexiteers as bait thinks it is. i think what she's tried to do is scare true —— the two extreme and the debate by telling brexiteers that if they hold out for the diaper brexit they want, the deal brexit, you might end up with no brexit and telling the remainders to one second referendum, if you try to one second referendum, if you try to do be did and get second referendum you made and of inflicting a no deal. not out referring to geoffrey boycott. she's not someone who's over thinking on her feet, but to do not someone who's over thinking on herfeet, but to do —— to be paired to question put to her today said you like cricket, how many more wickets have to file from your cabinet and she said well, good thing you mentioned

a major and mayor, a husband and father, an american hero, brent taylor is coming home one last time. miguel almaguer, nbc news. >>> a massive gas explosion levelled a mansion outside philadelphia, nothing left but rubble. heard in new jy.stayg in a guest house while their mansion was being renovated. the cause is under investigation. >>> to a subject that can trigger a fierce debate. spank willing children. group of the top pediatricians offered advice to settle the controversy once and for all. here is nbc's kristen dahlgren. >> reporter: tonight the american academy of pediatrics updating guidelines to say parents should never spank warning it doesn't work. >> we know that spanking is in effective and we know that children when they are spanked, sometimes they escalate their aggressive behavior. >> reporter: for years, spanking was accepted as a primary method of punishment. 7 out of 10 adults agreed it's a good thing. >> the part of the brain responsible for self-regulation doesn't grow as well in children who have been spanked consistently. >> reporter: the report also says verba

major brent taylor, u.s.al guard and mayor of north ogden utah, his friend afghan air force major of kabul afghanistan. both friends. one a father of seven. the other a father of five. last saturday a rogue member of the afghan security forces killed brent on base. brent's friend abdul wanted to share his appreciation for u.s. forces in afghanistan. so abdul wrote to brent's widow jennie saying please pass my words to your seven children. tell them that their father was a loving, caring and compassionate man whose life was not just meaningful. it was inspirational. i am writing this letter to you about a man whom i considered a close friend and whom i dearly loved. he awaked not only americans, but the world to the values of democracy and freedom. taylor's flag-draped coffin arrived back on u.s. soil on tuesday, election day. his widow jennie spoke at a candle light vigil. >> the price of freedom surely feels incredible lie high to all of us who know and love our individual soldier. but the value of freedom i

. >> in every way brent and kyle pease brorl bond has gone the distance.hey race as a team in ironman competitions. you know, those grueling swim, bike, run events that cover 140.6 miles. >> what about you, are you a competitive guy. >> oh yeah. >> kyle has cerebral palsy, no use of his arms or legs. >> from the earliest age i wanted kyle to be included in whatever we did. so it was okay, let's just figure this ot. >> here we go,. >> good big brother. >> great big brother. >> kyle got the idea watching brent race in his first ironman in 2010. they found the right equipment, started training and made it happen for kyle. >> just as when they were kids. >> kyle uses my legs and i use his spirit so i mean i pull kyle in the boat and push the petals and push him on the run but that whole time kyle has spastic quadriplegia so his body is fighting itself. >> their first ironman madison wisconsin in 2013, it took them 15 hours to finish. >> the most competitive athlete in our house is kyle. because he has been competing to be just like everybody else his whole lif

we believe brent is oversold, and in metals we see too much pessimism priced in.e view chinese demand is relatively healthy. they are convinced commodities will rally. investing in water, i will talk to chad brownstein about why he thinks colorado is the permian of water. that's next on "bloomberg commodities edge." ♪ alix: i am alix steel. this is "bloomberg commodities edge." the story, natural gas saw a monster rally this week, the biggest in two years. you can see it in this thread. the february to march premium expanded from four cents to more than forty cents in a matter of days. joining me is anastasia. why? anastasia: whenever you're talking about winter, the answer is always weather. winter is the big season for heating, and everyone is worried, what will the weather be, what does that mean for gas demand, will there be enough supply to meet demand? this year is interesting because there is record numbers of gas production. we have 85 cubic feet of gas being produced in this country per day, plenty for an average day of gas demand, but when you have those

back over to brent now. some terrible scenes in california. >> these wildfire situations are not getting any better. devastating wildfires raging in northern and southern california. the northern town of hair and eyes has been particularly hard hit with more thahan 40 people confirmed dead, hundreds missing. >> the eerie aftermath of california's deadliest fires. coroner's have been searching for bodies in the destroyed town of paradise. the death toll is expected to rise. wildlife tentatively returns, but the fires are far from over. fresh blazes continue to appear as firefighters attempt to bring the blazes under control. >> nice. nice drop. >> wildfires in california are getting worse year on year. >> i've been doing this job for 31 years, and probably in the last five, maybe seven years, every year seems toto get worse. a lot of that house -- a lot of that has to do with the recent drought, thehe drought we are ststill going throughgh. that drought killed a lot of vegetation, so that vegetation is prone

and there was a reason why i could consult with brent scowcroft or jim baker about a particular issue comfortably. it wasn't a strain. there were values around certain issues. over the course of the post-world war ii era it was hugely beneficial to the world. it didn't mean we didn't screw up or make mistakes when we were not hypocritical by politicians so the world have all kinds of opportunities to say the united states doesn't believe what it preaches. it's supporting folks that are not democrats they are doing things for me and all those things. at the end of this period let's call it 60 or 70 years, the world was wealthier, less violent, healthier, more tolerant and the average person their life as were improved across the board. the chinese essentially were free writers of the system we built and lifted hundreds of millions of people out of poverty. it's justifiable to say stop writing for free. you've got to carry your weight now that your status has changed. but we did something very valuable. here is what is also true for any political system and consensus over time the

brent, who in death now represents so much more than anything, something so much greater than any of our own individual lives, has come home to u.s. soil in a flag-draped casket on our election day. it is a timeless and cherished honor to serve in our country's armed services. that honor has been brent's since he served in the utah national guard for the past 15 years. and it has been mine for just as long, as i have proudly stood by his side. >> well, brent taylor touched a lot of lives, and afghan officer who served alongside him also testified to his character in an emotional letter written to taylor's wife. we have a copy of it here. he wrote in part, major abdul, your husband taught me to love my wife as an equal and cheat my children as treasured gifts to be a better father, a better husband, a better man. that is the legacy that brent taylor leaves on this election day. >> a very good tuesday morning to you. it's election day. i'm jim sciutto. thanks so much for watching today. >> we're live for you in washington. good morning, everyone. i'm poppy harlow. it's 10:00 a.m. out e

brent taylor's story touched so many people.in the world. the messages he left behind lifting people up at a time when they need it most. >> reporter: major brent taylor was destined for success. >> always referred to my young tee as the president. >> everybody exp him to do great things wherever it was. >> reporter: butf you think his dream of changing the world died with him in afghanistan last weekend, you'd bong. >> so nice to hear how he helped other people and how he touched other people because that's something that we can hold on to. >> repter: taylor's mother leader. describing him as a lovi father and husband. he and five of his brothers enlisted after/1 91. brent earned the purple heart and bronze star for his service. back home taylor was elected mayor of north ogden, utah, when he got the call to return to afghanistan. on facebook he talked about why he was going back. >> there are ways all around us to brighten someone's day, to ift another's burdens, and to make our city, state, and country a better place. >> he r

crude and brent catching a bit of steam today wti, 62.09 ice brent at 72.61 we have the senior analystm nasdaq to talk all things oil. the down trend has been noticeable and pronounced as of late we're seeing a bit of a price action move to the upside today. is the trend for oil still lower? >> i think the market is grappling with some fundamental uncertainties. we don't know if oversupplied or undersupplied. some say we're in a red zone, we're not out of the woods yet at the same time we have two wrenches into the broader domestic landscape with trade wars and rising interest rates in the u.s., both of which are threatening to curtail demand. we don't know if we're oversupplied or undersupplied because of the demand picture, which has not been something i've talked about the last few years. >> most experts i speak to on a daily basis, rough estimate, three quarters always talk about supply it seems like it's the glutton in the u.s., it's the production side of things who is pumping out more oil, can saudi fill the gap. is it fair to say the oil market is still driven primarily by the

brent takes, while below 66 per barrel. on the earnings, we are watching for updates from can day, kia ndai and kiaom hyu motors. the biggest update will be from tencent. third quarter's are due after market close. also, i want to highlight the british pound extending its rally. this in a report that ministers were grudgingly back, we do have that trading at 130 this morning. sophie kamaruddin in hong kong. let's get you the first word news with just. says the white house u.s. and china have resumed contact at all levels. president trump and xi will talk when they meet at the g20 in argentina. larry kudlow says it is better to talk and not to. he warned there is no certainty that china will agree to u.s. demand. the only at the end of the month. >> we are now communicating at all levels and that is a very good thing. the president reopened the china talks, i wouldn't say they stopped, but they slowed down when he called president xi and it is now clear that at the g20 meeting in argentina, there will be talks between the tw

. >> reporter: major brent taylor was a public servant committed to military service.times he deployed to iraq and afghanistan, awarded a bronze star and a purple heart. he was one of 15,000 u.s. troops still serving in afghanistan, a war that has raged for 17 years. he posted this on facebook before his latest deployment. >> ours is a small sacrifice compared to what so many throughout our nation's history have done and given. >> reporter: but last week major taylor made the ultimate sacrifice, shot by an afghan soldier, a member of the litary he was helping to train. an act of betrayal that brought the loss of a husband, the loss of a father to seven children. >> he was an awesome role model. he was active in the guard, active in politics, his family, church, his city. we have lost a hero. >> reporter: just one week before his death, major taylor made what would be his last post. "we have far more as americans that unites us than divides us," he wrote, adding, "i hope everyone back home exercises their precious right to vote." >> he loved america and serving. that h

when you look at the contango that has come back into wti and brent, this is the market trying to tells one of two things. number one, we have reverted back to a materially oversupplied market, or number two, the financial community is just trading off a fundamentally driven headlines, which we don't believe to be true. so i think it's the latter that's happening right now, because when you look at the physical market, barrels are clearing. they are finding a home. the physical market really isn't that bad and certainly doesn't warrant a 20% pullback over the three-week period. alix: dan, do you agree? is it your fault? [laughter] dan: well put, alix. 100%, it is all my fault. it has been one of the most typical of the vomiting of speculative positions that i have seen in this market in the 35 years that i have been there. alix: wow. dan: you see big volume on the days down, you see small volume on the days where it is sort of trying to digest the last move down, and you look at your screens and turn around, grab your cup of coffee, and the market will be down another dollar. that is j

. >> reporter: in every way, brent diskyle pease's brotherly bond has gone the distance.e as a team in ironman competitions. you know, those grueling, swim- bike-run events that cover 140.6 miles. what about you, are you a competitive guy? >> yeah. >> reporter: kyle has cerebral palsy, no use of his arms or legs. to from the earliest age, i wanted kyle to be included in whatever he did. it's like okay, let's just hgure this out. >> reporter: he always look out for you? >> he was always there for me. maybe a little bit too much at times. because i'm very independent. >> reporter: good big brother. >> great big brother. >> reporter: kyle got the idea watching brent race in his first ironman in 2010. they found the right equipment, started training, and made it happen for kyle, just as when they were kids. >> kyle uses my legs and i use his spirit, so i pull kyle in the boat and i push the pedals on the bike and i push him on the run, but that whole time, lfle has spastic quadraplegia, so his body is fighting itself. >> reporter: their first ironman, madison, wisconsin, in 2

brent: democrats retook control of the house of representatives.onight trump is issuing a warning to democrats not to try

just this past week, with heavy heart, we brought home a warrior from afghanistan, major brent taylorwho has served his country well. and we mourn to this day for him and his family. we still have veterans serving today. many, of course, in the wars in iraq and afghanistan. even today in terms of living veterans, we have pretty 5,000,008 -- we have 25 million veterans. they keep our great nation safe and he american people oh them a great deal. as you speak about what world war i and 100 years, what it means for today, the army is in transition as well. we are looking at what the national defense strategy tells us is an error in our great competition. the army is undertaking a number of initiatives. >> secretary as per also comments about recruitment and the future of the army. watch the entire interview sunday at 10 a.m. and 6 p.m. on c-span. also hear it on c-span radio and watch it online at c-span.org. in late october the supreme court have a case involving a settlement in a class-action suit against google. approved theurt awards the distributive settlement funds for law schools

brent was already a soldier when they were born.is great american heritage. so though, again, we're heart broken and i think we're still in shock, i think the heartache will come to weeks and months and years to come, i'm sure we will revisit this grief as we come to milestones, graduating high school, going to college, starting their own families, you regrieve the loss of not having a parent with you. but we're also very open in our faith, brent is still with us in our heart. we have his memory and his legacy. we might not have his physical body, but his physical body has been away from us a lot, in our maurj a marriage and our childrens' young lives. we'll make sure on thanksgiving and every day that that's what we'll talk about when we remember their dad. >> taylor was 39 years old. he was the father of seven children. (vo) this is not a video game. this is not a screensaver. this is the destruction of a cancer cell by the body's own immune system, thanks to medicine that didn't exist until now. and today can save your life. ♪ ♪

steele, gas oil, heating oil, and brent. brent down 22.5% over the last month. we talk about that throughout the program. this is bloomberg. ♪ vonnie: you are watching live pictures, this is president trump the welcoming ceremony for the g20 meeting president of the argentine republic. they are posing for a photograph and all the world leaders that are attending have been engaged in this welcome ceremony for the last little bit. we will be taking a quote unquote selfie photo in just a few moments. president trump with a handshake with the argentine president. place in ae taking working lunch in, putting people first is the theme. i imagine there will be a lot unspoken at that particular luncheon and a lot of meetings taking place on the sidelines of this particular g20. guy: a lot riding on this for investors. people positioning into this weekend trying to figure out exactly what monday morning is going to bring. the outcome of that meeting obviously pivotal to that position. as you indicated as well, the oil story front and center. peter shaffer joins us from o

brent earned the purple heart and bronze star for his service.lked about why he was going back. >> there's ways to brighten someone's day, to lift burdens and to make our city, state and country a better place. >> he felt he was needed. and he could not say no. >> reporter: major taylor helped secure afghanistan's elections. bursting with pride in his last post, while reminding americans of our own responsibilities as citizens. writing in part, i hope everyone back home exercises their precious right to vote. adding, we all remember we have far more as americans that unites us than divides us. to his family, that's who brent was. >> when difficult things happened in our family, i could count on about 20 minutes after whatever news it was, he would show up at our door to say, mom, dad, how are you doing? he was a good man. >> reporter: a man who exemplified a life of service. >> he would say, don't wait for the politicians to do it. go out and do it yourself. >> give a little. listen a little more. >> reporter: his casket arriving home on the dawn

they put this additional oil in the atlantic basin it affected the structure of brent, when brent wasery tight. the market looked strong then this uplift in new production mostly went into the atlantic basin and it weakened it, so it created a psychological mood by the way it was done i think the market in terms of producers were disappointed in the waivers that were granted, so i think the american actions in that sense were misleading. between the overproduction and what happened with the waiver itwaivers, i think that's most of it. we're seeing u.s. production now growing annualized at a 2 million barrel a day rate far in excess of global demand. so we have to look closely the next couple of months what the final data are for u.s. domestic production >> ed, i get that we're awash in oil right now and there's an overproduction argument to be made here, supply argument to be made here. but are we actually seeing any tangible signs that demand is waning because it seems to me that would have much bigger, more macro implications. >> well, it has some macro implications you talked about

brent dropped below 60. stock selloff taking a pause, msci pacific index on the front foot, hang seng the best performing on the major indices. manus: a little more risk on as you see equity markets, dollar-yen. this is lighter, the biggest currency loser in asia. it was the third worse in the s&p 500 since 1939. i wasn't even around in a can 39. down nearly -- in 1939. 4%. nearly how is the market positioned? my last guest said agnostic late. let's get to debra mao in hong kong the business flash. debra: noble group has one a couple of weeks of breathing room. they extended a deadline to december 11. the company says authorities in singapore extended a waiver allowing extensions. the trader survival plant was thrown into jeopardy when the country announced the three agency probe into the account. british airways owner iag is preparing a bid for u.k. based airlines fly be according to the sunday telegraph. the atlantic confirmed it's also considering a bid. this could be the latest move in ongoing rivalries

brent job spill a $70. more on what i am watching.>, charts and graphics and interactive equity. you can ask me a question. this is bloomberg. ♪ ♪ alix: the first thing i am watching today. no surprise. oil. bears are in full force. under $60 for the first time. brent under $70 for the first time since april. broader market context. sara, my first thought is high-yield, equity market. managers,g with fund they are taking their tactical positions down in oil. but where they really think it will be is in the equity market. they are upping the short position on enp equity markets. the call all year has been energy stocks will take off because there has been such a wide gap between the rise in prices earlier this year and energy stocks. they were still downtrodden. the sector is down 5% on the year, the third worst performing sector. they are catching up in the wrong direction. oil prices coming down. there is a worry this will spread to equity and take down the stocks. that theyite the fact are the value sector if you want to trade value

tra victory is gone for the near future >> both for equities and. >> i mean for energy i mean for brentt oil prices >> that's the better bet ultimately, look, crude had a big move offer its three-year low and got a little ahead whether it's wti or brent, and this giveback is presumptively not just a pause, but it's the beginning of something more severe, but issue is for just trying to make money, right, is this a trade that one would be short or long year after this selloff? and i'm thinking that i would rather be long than short. >> carter, thank you. >> thanks, guys. >> carter worth. tune into "mad money" for more on the money space jim is doing a deep dive into the recent oil slick don't miss that at the top of the hour. >>> still ahead, the countdown to the mid terms is officially on me fould be a make-or-break montor marijuana all of those details and more when "fast money" returns. welcome to the place where people go to learn about their medicare options... before they're on medicare. come on in. you're turning 65 soon? yep. and you're retiring at 67? that's the plan! well, you'

and north ogden, utah's mayor, brent taylor, he meant it.decade in the army national guard, including two deployments to iraq and wone to afghanistan. a career he proudly noted will running for mayor in 2013. >> i learned a lot about leadership during that time. and how to make decisions under pressure. how to be a leader, how to earn respect of those that you lead. >> in january, brent taylor stepped up again. >> and right now there's a need for my experience and skills to serve in our nation's long-lasting war in afghanistan. >> the 39-year-old was mere months away from returning home when he was killed saturday in kabul. the pentagon says his death was the result of an apparent insider attack involving small arms fire. >> it was a shock. and it still is. >> north ogden administrator, john call, considered him as close as family. >> it just doesn't seem real. >> taylor had enlisted in the army just three days after getting engaged to his wife, jenny, who came with him to the recruiting office. >> military service involves the entire family

this is brent., more than three percent higher in one session, getting a boost from the story about trump thatt and also our story trump is ready to do a deal with china -- story from trump's saying that he is ready to do a deal with china. so the big picture is around trade. because if the equity markets higher by as much as 1.7%. it are also signs of positivity in the dax futures, the german equities market. short-term reaction will be positive just as it has been for asia. but there could be questions about where trade tensions go next. from beingrate transpacific to being transatlantic? as a result of trump's sounding more positive on china? we will see. the big is up by 1.14%, picture question around trade