Monthly Archives: December 2016

rig count summary: gasoline exports:

oil prices were generally higher this week on half of normal trading volume, as many traders apparently took an early holiday vacation…after closing last week at $51.90 a barrel, the contract for US oil for January delivery rose 22 cents … Continue reading →

despite the holiday, it’s been a pretty busy week, as it appears several of the reports that are normally released the last week of the month were accelerated into this one…that meant we got the 3rd estimate of 3rd quarter … Continue reading →

rig count summary: oil futures: natural gas prices: 3rd quarter GDP:

oil prices remained volatile this week, as countervailing waves of avarice and anxiety about the coming Russian and OPEC led production cuts swept over the oil markets, but by the end of the week they were little changed from last … Continue reading →

major reports released this week included Retail Sales for November and Business Sales and Inventories for October from the Census Bureau, the November Import-Export Price Index, the November Producer Price Index and the November Consumer Price Index from the Bureau … Continue reading →

retail sales: rig count summary: OPEC production: global production: global oil demand via OPEC: global demand via IEA: IEA demand supply balance:

less than a week after both OPEC and Russia committed to lowering their oil production in order to stabilize oil prices, we learned that both were producing oil at record levels in November, even as they were preparing to meet … Continue reading →

this week’s releases included three reports that will input into 4th quarter GDP: the Census report on our International Trade for October, the Full Report on Manufacturers’ Shipments, Inventories and Orders for October, and the October report on Wholesale Trade, … Continue reading →

natural gas prices: rig count summary: