with what the iea has done, then it will have to act.itical could apply to anything. oxfam is very political in a lot of things it does, but it is not party political, and the question is whether offering access to ministers — this is more to do with mark littlewood boasting about, you know, who he knows and can put you in touch with. the iea, in the small print of the story, denies cash for access, but clearly he is involved, as he says, mark littlewood, he says he is involved in the brexit influencing game, so he is involved in politics with a small p, even if it's not party politics. the iea has responded to that saying they are an educational charity, seeking to improve knowledge across policymakers and the wider public. they have given them 48 hours to respond and go on to publish a full account of that. further into the statement, they say donors are unable to influence the results and conclusions of our research, which are controlled entirely by our research team, our research and ideas precede donations, but we greatly welcome th

finally, the iea has a higher number for spare production capacity. i think it's above 3 million barrels a day because they count oil that saudi arabia could bring on but in several months. in history and the eia we have a stricter definition. it's oil you can get in weeks, four weeks, to be exact. the eia has another definition, about half a million barrels a day. however you count it, it's really tight and relative to the risks we face. >> thank you both. senator cantwell? >> thank you, madam chair, and thanks to the witnesses. you've painted, all of you collectively, a picture of what the roller coaster looks like for the future, and i think that's the most challenging thing for us to get our minds around, is that the roller coaster is going to continue. so for consumers at home, it obviously can be very, very devastating. so to me i think mr. bordoff, you said it best, that the best thing we can do is diversify off of oil just because of that integrated market and now spare capacity issue, that even though we have upped production, we are not goin

the iea has a higher number for spare production capacity. they have -- i think it's about 3 million barrels a day because they count oil that saudi arabia could bring on but in several months. in history, and that eia, we have a stricter definition, it is all you can get in weeks, four weeks to be exact. on that definition, the eia has a lower definition. about 1 1/2 million, the way we counted it is lower than 1 million barrels a day. however you count it, it is really tight relative to the risk that we face. >> thank you both. senator cantwell. >> thank you madam chair and thanks to the witnesses. you have painted collectively what the roller coaster looks like for the future and i think that is the most challenging thing for us to get our minds around, that the roller coaster will continue. for consumers at home, it obviously can be very devastating. and so to me, i think mr. bordoff, you said it best, the best thing we can do is diversify off of oil because of that integrated market and now spare capacity issue. even though we have upped

role in the iea. thanks to the shale revolution, u.s. is leading global supply growth both in oil and gas, making enormous contributions to supply security. the iea's role has expanded, and the oil security system continues to be the core mandate for the agency. global crude oil prices are more than 50% higher than a year ago. this reflects steady oil demand growth and overachievement of the vienna production cuts agreement by opec and some non-opec producers. and some supply disruptions in other countries. commercial oil stocks in oecd countries declined from more than 3 billion barreled in january 2017 to 2.8 billion barrels in may 2018, and they have been below the five-year average since march. all this points to tightening market and the rising prices from the low point of less than $28 per barrel for brent many january 2016 -- in january 2016 to nearly $80 per barrel in may 2018. so going forward following factors should be considered. global oil demand growth is relatively steady at the 1.4 mil

rather than responding in good faith to the iea's requests for information and access, they have gone to great lengths to deceive, up the skate, distract international attention from its perennial noncompliance, and in many instances, with the assistance of the russian federation. the trump administration has been clear that we cannot allow syria's npte and iea safeguard noncompliance to fade in our collective memories. all outstanding questions regarding syria's noncompliance must be resolved. clearly, the behavior of the assaad regime, presents a start challenge to all other parties' agreements, at least those that remain in compliance with their own obligations. as well as a challenge to the role that these very agreements play in the maintenance of international peace and security. within the region, the ongoing conflict, fueled by assaad's determination to remain in power through any means necessary ads adds to instability that provides opportunities for even larger threats to develop. as i mentioned, the so-called islamic state's use of chemical weapons. syria has provided an op

does thatt a lst iea joe manchis that put him in play? >> it might put him in play but you have to remember if au're going to run as democratic senator you got to win votes from the democratic base. you want to get css overs, you want to get independents but you also have to hold yr se and the democratic base is outraged. they know that this is a us years what mitchack tpltwo mcconnell did with merrick garland and barack obama's appointee in his final year and democrats don't w their democratic officeders back up here, they don't wanthe to relent and i think the pressure is going to b very tight. i think this is going toe tm test for020. >> brett kavanaugh leading 2 this lasoantdates that we have been hearing about reports t will likely however, thesident hasay. been very hd on the affordable care act and brett kavanaugh writing that opiniuphe essentially. is that something that may have some sort oom compre potentially that maybe both parties can agree on that pe single payer would we the solution. ave to how that is t the end of day. th

se encuentran con un mensaje del chef >>> para recordar a los clientes que no se olviden que aquÍod iÉaajan 15 personas. >> hasta servir la comida se esfuerzan por atender bien y dicen sentirse honrados con el pequeÑo homenaje que el chef. >> cada noche espera que la frase tra zenned era la puerta de su trabajo. >> valorar elra quepaÍs necesit nosotros para salir adelante. >> tiene 6 restaurante en el paÍs. >> en este nueva york, tambiÉn implementÓ la medida despuÉs de comerse un burrito aquÍ los clientes sonrÍen al ver el recibo de la cuenta. >> es algo muy bueno, porque al final del dÍa los inmigrantes vienen y benefician a estados unidos, no todos han recibido el mensaje con agrado pero son los clientes que el chef quiere. >> entender que estÁn pensando >>> en los Ángeles, marÍa paula ochoa, noticias telemundo >>> es posible que los mÁs de 400 mexicanos de dÓlares de m a mega megamillions. >> ¿quÉ pasa si gana? >>> la fiebre llegÓ a mÉxico el gran acumulado entusiasta. >> invertirlo y sÍ. >> pues, sÍ, me gustaria igual a ayudar a otra gente. >> las facilidades para participar atraen

the trump administration has been clear that we cannot allow iea safeguardnd noncompliance to fade in our .ollective memories all outstanding questions regarding syria's noncompliance must be resolved. clearly, the behavior of the aside regime, -- of the assaad regime, presents a start challenge to all other parties 'agreements, at least those that remain in compliance with their own obligations. as well as a challenge to the agreementshese very play in the maintenance of international peace and security. within the region, the ongoing conflict, fueled by assaad's determination to remain in power adsugh any means necessary to instability that provides opportunities for even larger threats to develop. as i mentioned, the so-called islamic state's use of chemical weapons, in addition -- syria has provided an opportunity for its fellow rogue, iran to expand its influence in order to threaten the security of israel and other targets around the entire mediterranean region. and the jcpoa. the jcpoa agreement was flawed at multiple levels. first, i'd like to address the technical problems. i

alix: richard, that is really key, because the iea warns that the saudis are not have enough -- not goingo have enough spare capacity to make up for the losses. we see the chart of saudi production versus losses from venezuela and angola. what is your base case for how much is going to get taken off, what countries will pare back how much of their imports? richard: we are thinking that venezuela continues to decline, heads down toward a million barrels a day by the end of this year or into 2019 viewed libya -- 2019. libya seems to be fluctuating. maybe stays a million barrels a day once it has recovered. we think angola is really struggling, heavy declines. the big one is iran, we are penciling in one play 5 million barrels-- 1.5 million in losses that will translate into supply losses that will only become visible in q4. q3, it is hard to deal with oversupply, but you have a lot of supportive factors towards the end of this year and into 2019. alix: thank you so much. really appreciate it. time for your take away. supplies gap emerging in the back half of this year, and richard says the

okayan.y ayt wha y t ang freely from the south twi fo noh and this is what ieas mne of a l bstweenrson sunday, scattered storcoming int system. accuweather 7-day forecast, 88, sunnomorrow. beautiful weather in trip.esteror our fox5 zip it will start out maybe in the upper 50's to low 60's, nice and crisp tomorrow morning. clouds and showers just 80 on saturday. we'reoing to be on the cool side that of coastal system. by sunday it gets pretty humi humid. we're going stay veryum h, very tropical through the rest of the week. we have the chance of shower and torms every day. it's sohu tropical out that we could see some pretty heavy rain producing thunderstorms th first half o jy incrediblyul dry. we ended that. on tuesday with the heavy rain and it looks like we're going to make up for any other deficit that we may have as we go int next week. all right, that'she way it looks on your seven-day m and sarah over to you. >> thank you caitlin. >>> facebook hiring mor e roboticsngineers but they're not looking to actually build robots. insteadsehey want to u robotic research to better their

. >> ludwig augustinsson,ieÁs,can. >> se va ahora sÍ, harry kane de buen partido pero coincido contigono era harry kane. >> no. >> raheem sterling. >> disculpe usted. >> por favor. >> se va caminando nadie lo apura, jordan pickford que reciÉn ahora acomoda la pelota. >> va a despejar el arquero, aquÍ le pega harry kane, rashford, larsson atrÁs para el arquero olsen olsen ludwig augustinsson, el jugador que va arriba. gana john stones habÍa fuera de lugar de alguien que regresaba. y el tiro libre dnd cuartos de final en las semifinales del campeonato en moscÚ, en el estadio luzhnikÍ, escenario de la gran final martes y miÉrcoles de la semana entrante por telemundo claro. >> es saque de meta estaba fuera la pelota. >> san petersburgo, francia bÉlgica inglaterra croacia o rusia en el luzhnikÍ el miÉrcoles eric dier viktor claessona a buscar olsen, canta ahora, desde el banco, southgate pide calma. kieran trippier. pelota para jesse lingard. olsen. la va a buscar el jugador, y andreas granqvist que quedÓ de 9. >> se quedÓ ahÍ buscando alguna pelota. >> hasta ahora nada. >> la Única fue la

we had the last several weeks, strong gusty pattern. 24 miles an hour gusts iea wd s towards the goldenat emeryville. 64 in san francisco. 68 at oakland. 59 at half moon bay. check this out from higher up at the east bay hills, looking at that fog along the coastline moving in shortly. 74 in santa rosa, 76 at napa and 92 at fairfield, concord and livermore. a moment ago, you could see the top of the tower. fog will be pushing in from the coast and very warm the remainder of the week along the bay and inland and hot as the humidity increases. our forecast taking us through the overnight hours. not too far inland, we don't think. maybe a few areas to reduce visibility for viewers and it pushes back giving us sunny inland. perhaps a bit warmer today. overnight lows in the mid to up per fwifrs. tomorrow's high ranges from mid to upper 60s on the coast and maybe even a few upper 90s in our inland areas tomorrow. we will use the 7-day high temperature trend as an indicator of the pattern. most will see it the week ahead. the average high is 84 degrees. tomorrow's high, 87, 88, low 90s, the ne

problems in canada and norway but much larger problems in places like venezuela and also iran and the ieas saying that the barrels that come off in iran about 1.2 million barrels a day. that's very cig any can and about twice the amount that most analysts thought there's still big restraints and that's what the market is worried about. rebounding today we'll see if this report can move the needle. >> appreciate you running us through the action and all the action we watched this morning he's going to help us drill down a little bit further pun intended good morning. >> that's rough. that's early. >> it is early, right? but you're a champ as always we saw a lot of things at play yesterday. jackie ran us through some of them of course libya also a big player with coming back online with the four export terminals what do you make of the price action yesterday was that overdone? >> well it was the first day in awhile where we had a slew of bearish or negative news for the market we had the libya restart that was a sudden change the two sides in libya seemed entractable. this production was st

caroline: oil continuing to trade higher in terms of that statement from the iea saying that supply isn issue. 90 minutes until the close of trading and we have a bit of a bounce off of yesterday's horrid day on the xp market. the stoxx 600, currently up 6/10 of 1% overall. energy is still slightly trying to shake off that issue about that significant fall that we saw in oil markets yesterday. today was a bit of a reprieve, energy slightly in the red, the generally other -- every other industry group is higher. the i.t. sector helping in particular, travel doing very well. even though we got a mixed picture in terms of european data with industrial production, we got the european commission coming out and saying look, gdp, we are raining back our view on how strong it will be. they are worried about -- get this, trade, market volatility and political uncertainty. let's have a little look at what's happening on one particular stock there. you talked about m&a and that's right here from this particular stock. the bidding contest continues. sky, ratcheting higher, currently trading above

. >> hannity: iea want to understand your side. the freak out.esse gets an a+ for getting every answer right. >> that's stunning to me and because youfo won -- i won the last time. >> hannity: the meddling happened under obama. >> meddling happened under obama. the president of the united states of america today, donald j. trump, as you like to call him, stood up there next to vladimir putin and said he didn't meddle in the election. he did. >> hannity: i played it on the air last night. pay close attention to the show. i played at least seven separate instances where he said russia did meddle in the elections. he said it over and over and over again. >> yeahhan happ so it's not something he -- yeah. >> hannity: it's not something he said previously many times before. >> the seven times he received the classified information, even before his inauguration day the russians had meddled in the election. for all seven times he has said that -- and they were waffly any wayob -- he said a thousand tims he didn't. he said it's a witch-hunt. it's not a wi

the supply demand picture here looks a little better after the iea issued a fresh warning on fresh cushioner oil fields had been opened. this is likely machine driven and presented a buying opportunity that fundamentals were seen as hype for the summer. they have wti inching lower here off of the lows of the ascension -- the lows of the session. those of today's market minutes. let's get to insight on the markets. jim polson, chief investment strategist here. the matter if the market stocks recover or fall based on the latest trade headlines, you are looking at recession indicators. in terms of recession indicators, forget the flattening yield curve, you're looking at the investment-grade credit spread. why is that a better indicator to you? >> i don't know if it is better or not. the thing that bothers me about this recovery is, it has been an odd, unconventional recovery on many fronts. a subpar grower throughout. we have used on traditional munsell policies -- untraditional monetary policies on these. i wouldn't be shocked if we had a recession for unconventional reasons. while everyone

heard that chewbacca actually has dialogue when they'reenhooting the >> yes, chewy has, like, it's a ieay dialogue. w jimmy: i mean, when you see the movie, it's jukie sounds. >> just wookie sounds. >> jimmy; like, which is like -- [ growls ] i can't do it. [ light laughter ]el >> i'm really bad too at my wookie. >> jimmy: but, okay -- [ light laughter ] wookie wookie. >> wookie. >> jimmy: but, what if i -- what if give you two lines, ca you give me like a wookie line of what that line would be? >> yeah. >> jimmy: you ready? >> okay. >> jimmy: so this is ia clarke doing the voic of chewbacca. all right, to hyperspace."ump >> oh -- oh my god. [ laughter ] that's worst than i thought it was in my head. it's like, i'm going to be bad, i'm terrible. >> jimmy: stand up. maybe it's because you're sitting down. >> okay. >> jimmy: all right, here we go. this is -- now close your eyes and picture we're in the."ew "star wa "solo: a star wars story." >> yeah. everyone at home, close your eyes. [ light laughter ] >> jimmy: close your eyes, ready? all right, and you're ed to say, "watch out, star des

more draws pop peck will release the monthly numbers on wednesday, as well ed -- all sigthursday the ieave us more clarity on global demand trends. >> thank you >>> coming up, apple with a double digit gain over the last three months you can see it there stick around here for five reasons why to buy the stock we head to break, here is a look at treasuries this morning of course, the whole complex, as rick santelli, would say 10s over 30s over -- >> 10s and 2s over -- there it is got the 2 year note yield a little less than 2.6 >>> all right, up next, we got stock trading with jim as you see, there it is >> there it is with amazing amenities like movie theaters, exercise rooms and swimming pools, public cafes, bars and bistros even pet care services. and there's never been an easier way to get great advice. a place for mom is a free service that pairs you with a local advisor to help you sort through your options and find a perfect place. a place for mom. you know your family we know senior living. together we'll make the right choice. ♪ >>> all right, welcome back. it's time for "stop tr

we recently talked to the iea about the air marshals. >> we keep their presence covert because we don't want our adversaries t know they're on particular flights. >> but passengers aren't told if they're on the quiet skies list. what happens to the information that is collected about them? some federal air marshals complain the progr is a waste of money. the union saying the american public would be better served if hese marshals were instead assigned to airport screening and checking areas so active shooter events can be sbift swiftly ended. civills libertarians are concerned. >> it should go without saying government agents shouldn't bet mong travelers without a good reason to do so. h >> do yoe any how long someone on the list might stay on the list. >> i misspoke, quiet skies is the name of the program, not open skies. the tsa says you can be on the list for up to three months after rurning from an overseas destination. among those individuals who have been ,surveill a business woman who happened to go through turkey. another law enforcement officer and a flight attendant with south

maybe iea have aer competition, see how that works out.tarting in the southwest. and we've got chris swirling off the coast of north caavlina. we heavy rain also for the gulf today. heat, humidity fueling t storms. a stationary front. that stalled front will dissipate tomorrow, so the showers will get weaker but they'll be more widespread. rainfall amounts general an inch to two inches in eastern texas. otherwise, relatively light into florida. that's what's going on around the country. here's what's happening in your neck of the woods. >> i'm meteorologist chuck bell. we hav a sparkling blue sky over washington this morning and this is the way it's going to stay the rest of the day. very comfortable temperature wise in the upper 60s to around 70 degrees now. planning to spend outside te by the pool today. don't forget your spf. afternoon temperatures in the mid to upper 80s, but without midity around, it's going to feel very nice indeed, and barbecuing her for in the back yard this evening as well. temperatures back in the 80s after8: . s

we are just getting some iea headlines. our top corporate story of the day, right here in europe is what happened with sky. we are seeing a bidding war brewing. that number just keeps going higher, which is why sky is gaining 5% in the last week. this bidding war actually wraps up a touch. coming up, we talk trade war, markets. a little bit later on, we have an exclusive interview with andrew bailey who is chief executive of the u.k. conduct authority. we hear fromlater, inga beale. taylor: day two of the nato summit is kicking off with donald trump doubling down on his criticism of america's allies. he sent a series of tweets calling for nato members to.raise their defense spending and 120, he said, president have been trying unsuccessfully for years to get germany and other nato originations to pay more for their protection from russia. they pay only a fraction of their cost to the u.s.. the u.k. is seeking to strike new trade deals for services around the world. and is part of the brexit plan bid.will tie its theresa may