A global oil surplus is poised to disappear as population growth and artificial intelligence stoke crude consumption, according to the head of Baker Hughes Co. The company, one of the world’s largest oilfield service providers, sees demand beginning to recover in the second half of this year into 2027, Chief Executive Officer Lorenzo Simonelli said during an interview with Bloomberg's Matt Miller and Dani Burger. 

A global oil surplus is poised to disappear as population growth and artificial intelligence stoke crude consumption, according to the head of Baker Hughes Co.&nbsp;The company, one of the world&rsquo;s largest oilfield service providers, sees demand beginning to recover in the second half of this year into 2027, Chief Executive Officer Lorenzo Simonelli said during an interview with Bloomberg's Matt Miller and Dani Burger.&nbsp;

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Lorenzo Simonelli Talks Oil, Energy Projects

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Martha Gimbel, Executive Director & Co-Founder of Yale Budget Lab speaks on President Trump's tariffs, the rise in oil and gas prices, and the shock to metal prices. She speaks with Bloomberg's Tom Keene and Paul Sweeney. 

Martha Gimbel, Executive Director &amp; Co-Founder of Yale Budget Lab speaks on President Trump's tariffs, the rise in oil and gas prices, and the shock to metal prices. She speaks with Bloomberg's Tom Keene and Paul Sweeney.&nbsp;

Yale Budget Lab Executive Director Martha Gimbel Talks Tariffs

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Jim Zelter, president at Apollo Global Management, offers a defense of private credit and says investors are missing the plot on the public/private convergence. He speaks with Bloomberg's Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern. 

Jim Zelter, president at Apollo Global Management, offers a defense of private credit and says investors are missing the plot on the public/private convergence. He speaks with Bloomberg's Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern.&nbsp;

Apollo's Jim Zelter Talks Iran War, Private Credit Concerns

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President Donald Trump said the war in Iran is “very close” to completion, even as he signaled strikes could escalate in the near term.  

Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran’s proxies from destabilizing the region and cut off the country’s path to nuclear weapons.

“Tonight I’m pleased to say that these core strategic objectives are nearing completion,” Trump said from the White House in a roughly 20-minute speech. “We are going to finish the job. and we’re going to finish it very fast, we’re getting very close.”

The speech came as the president is grasping for an off-ramp in a conflict that has quickly slipped out of control. 

For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with Bloomberg This Weekend co-host Christina Ruffini and Bloomberg White House and Washington correspondent Jeff Mason.

President&nbsp;Donald Trump&nbsp;said the war in Iran is &ldquo;very close&rdquo; to completion, even as he signaled strikes could escalate in the near term. &nbsp; Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran&rsquo;s proxies from destabilizing the region and cut off the country&rsquo;s path to nuclear weapons. &ldquo;Tonight I&rsquo;m pleased to say that these core strategic objectives are nearing completion,&rdquo; Trump said from the White House in a roughly 20-minute speech. &ldquo;We are going to finish the job. and we&rsquo;re going to finish it very fast, we&rsquo;re getting very close.&rdquo; The speech came as the president is grasping for an off-ramp in a conflict that has quickly slipped out of control.&nbsp; For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with Bloomberg This Weekend co-host Christina Ruffini and Bloomberg White House and Washington correspondent Jeff Mason.

Instant Reaction: Trump Threatens to Escalate Iran War in Primetime Speech

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Lorenzo Simonelli Talks Oil, Energy Projects

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