Business stories aren't just about business. They're also about policy, politics, finance, and more.

With Bloomberg, you stay informed on global coverage that connects the dots.

The Bloomberg mobile app now features Apple Car Play and Android Auto so you can get the latest live radio,

podcasts and audio articles in the car. Download the Bloomberg Mobile App now to get started.

Find it in the Apple App Store or on Google Play.

Bloomberg in-car apps are sponsored by interactive brokers. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene always with Michael McKee.

Daily, we bring you insight from the best in economics, finance, investment and international relations.

Find Bloomberg Surveillance on iTunes,

SoundCloud, Bloomberg.com and of course on the Bloomberg.

Much of what the Fed and the Bank of Japan and other Central Banks for that matter what

to accomplish is based on the idea of raising inflation they blame much of the

disinflation we're experiencing on the drop in oil prices last year.

Now oil prices are falling again and you have Conoco saying we're going to have more oil coming

to market.

What's going on?

Ed Morris' Global Head of Commodities Research for Citigroup, what is going on?

Is this just simply, is this what everybody thought would happen, the price goes up and then

we bring more oil to market instead of letting the market clear?

Well actually on a general global basis oil from OPEC countries has basically peaked.

We don't expect any more coming out of Iraq or Iran this year or next year or the year after and

And we're seeing non-OPEC production sliding the way it should be people anticipated that the slide would happen last year

But we're projecting that non-OPEC production will be

...