We Need Additional Oil Supply Out of OPEC, Says Tortoise's Sallee
Jun.24 -- Matt Sallee, senior managing director at Tortoise, discusses the OPEC supply boost and his outlook for production. He speaks on "Bloomberg Daybreak: Asia."
Brent oil prices drop by 2 percent as traders expect output rise after OPEC deal
Brent crude oil prices fell by more than 2 percent early on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday. Brent crude futures , the international benchmark for oil prices, were at $73.90 per barrel at 0035 GMT, down 2.2 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $68.36 a barrel, down 0.3 percent, supported by a slight drop in U.S. drilling activity.
Brent oil prices drop by 2 percent as traders expect output rise after OPEC deal
Brent crude oil prices fell by more than 2 percent early on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday. Brent crude futures (LCOc1), the international benchmark for oil prices, were at $73.90 per barrel at 0035 GMT, down 2.2 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $68.36 a barrel, down 0.3 percent, supported by a slight drop in U.S. drilling activity.
Saxo's Creagh Sees Opportunities in China Consumer Discretionary, Tech Stocks
Jun.24 -- Eleanor Creagh, market strategist for Saxo Capital Markets, talks about the Chinese central bank's decision to cut the amount of cash some lenders must hold as reserves, and the implications for the nation's stock market. She speaks on "Bloomberg Daybreak: Asia" with Yvonne Man and Haidi Lun,
Xiaomi Paves Way With $6.1B IPO
Jun.24 -- As part of our Venture China series, Qiming Venture Partners founding partner Duane Kuang told Bloomberg's Tom Mackenzie why he hopes the world's largest IPO in more than 2 years will pave the way for more mega-deals in the region.
China New Higher Education Group Favored, Daiwa's Kitney Says
Jun.24 -- Paul Kitney, chief APAC equity strategist at Daiwa Capital Markets, talks about the volatility in global markets, the trade disputes, and his investment strategy. He speaks with Haidi Lun and Rishaad Salamat on "Bloomberg Markets: Asia."

