Mursi Proposes Interim Coalition Government
July 3 (Bloomberg) -- Deirdre Bolton reports on today's top news stories on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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How Long Will Oil Stay Above $50 a Barrel?
51:30 - For the oil industry, $50 a barrel is a nice start. The big question is what comes next. Crude prices in New York and London briefly breached that long-anticipated barrier Thursday, helped by supply disruptions from Canada to Nigeria and a decline in U.S. production. But it will likely take a rise to at least the mid-$50s -- and signs the rally has staying power -- before oil explorers start feeling secure again, analysts said Thursday. Beaufort Securities Chief Investment Strategist Michael Franklin discusses with Bloomberg's Anna Edwards on "Countdown."