Dollar Weakens on Shutdown, Debt Ceiling Pessimism
Oct. 4 (Bloomberg) -- Bloomberg's Scarlet Fu and Alan Knuckman, senior market analyst at Trading Advantage, put futures in focus with a look at how the U.S. Dollar is fairing during the government shutdown in "On The Markets." They speak on Bloomberg Television's "In The Loop."
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80 Bucks a Barrel? That's a Low Probability, Says Parker
18:37 - Oil is set for the longest run of monthly gains in five years as output disruptions from Nigeria to Canada reduce supply before OPEC meets Thursday in Vienna to discuss production policy. Futures were little changed in New York from the Friday close, set for a fourth monthly advance. Militant attacks have cut Nigerian supply to the lowest level in more than two decades while Canadian output fell amid wildfires. Producers are starting to resume operations after the blaze eased. Libya’s Petroleum Facilities Guard captured a town near the Es Sider and Ras Lanuf oil-loading terminals after fierce clashes with Islamic State militants. Credit Suisse Senior Advisor Bob Parker discusses with Bloomberg's Manus Cranny in Dubai on "Countdown."