Fed Refills Punch Bowl: Surveillance (09/19)

Sept. 19 (Bloomberg) -- Full episode of "Bloomberg Surveillance." Guests: Hardeep Walia, Drew Matus, Ralph Schlosstein, and Sam Grobart. (Source: Bloomberg)
Statoil and BP Release Reports amid Oil Declines
00:44 - Oil extended declines in a bear market amid signs producers from the Middle East to the U.S. will continue adding supplies to a global glut. Oil exports from southern Iraq rose to a record this month, while a Bloomberg survey forecasts U.S. crude stockpiles expanded for a second week through July 24. Brent in London closed Monday more than 20 percent lower than its peak reached in May, meeting the common definition of a bear market.
  • Can Oil Producers Use Price to Reduce Supply?
  • How Will BP Rebound From 64% Profit Decline?
  • Stabilizing Markets: Is China Doing the Right Thing?