Monthly Archives: April 2016

April 30 graphics

oil prices: rig counts: oil inventories: Q1 GDP:

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what we learned from Doha, a new push for gas exports, new oil glut and rig count records again, etc

the meeting at Doha was a dud…there was no agreement between OPEC and other oil producers meeting at the Qatari capital last Sunday to freeze production or to take any other action whatsoever to control oil output…in fact, contrary to … Continue reading

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March new home construction and existing home sales reports

there were just two widely watched reports released this week: the March report on New Residential Construction from the Census Bureau, and the March report on existing home sales from the National Association of Realtors (NAR)….this week also saw the … Continue reading

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April 23rd graphics

natural gas by state: rig count:

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while waiting for Doha, US oil supplies hit another record high, drilling hit another record low

oil markets, and most of those who write about them, were in a state of suspended animation most of this past week as they awaited results from the meeting of major global oil producers this weekend in Doha Qatar, where … Continue reading

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March retail sales, consumer and producer prices, industrial production, and state jobs reports; February business inventories

major releases of this past week included Retail Sales for March and Business Sales and Inventories for February, both from the Census bureau, the March Industrial Production and Capacity Utilization report from the Fed, and the three major price indexes … Continue reading

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April 16th graphics

US oil production March retail sales: industrial production benchmark revision:

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US oil supplies fall for first time in 8 weeks, oil & products glut still at a record high, US & global rig counts, et al

US oil prices rose more than 10% over the last three days of this week after the EIA reported that US crude oil supplies fell for the first time in 8 weeks, and after the on again / off again … Continue reading

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February’s foreign trade, factory and wholesale inventories, job openings, and Mortgage Monitor

the key release of this past week was the Census report on our International Trade for February, which gives us data on our exports and imports and hence a clarification of the growth in other sectors of the domestic economy…in … Continue reading

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April 9th graphics

mortgage delinquency rate: monthly change in delinquency rate: monthly change in 90 day rate”: FC & delinquent loan count history: oil prices: oil production: oil inventories: gasoline inventories: distillate inventories:

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