Big Oil Misses $54/Barrel: High Prices, Low Profit

April 25 (Bloomberg) -- Bloomberg's Alix Steel explains why big oil misses the days of $54 per barrel oil and explains the increased costs associated with more expensive oil. She speaks on Bloomberg Television's "In The Loop."
Is the Market Correction Over or Is More to Come?
56:47 - Pacific Heights Asset Management President Michael Cuggino discusses the U.S. Markets, whether the Fed will raise interest rates and where he's putting his money. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
  • Stocks Jump 2%: What'd You Miss? (Full Show 8/27)
  • Apple's Next Event: Bloomberg West (Full Show 8/27)
  • Diageo Seeks to Lift China Sales Within 10 Years