Monthly Archives: September 2017

graphs for September 30th

US oil exports: rig count summary:

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US oil prices still at a discount to those overseas; heat oil supplies shrinking heading into winter

US oil prices closed above $50 a barrel for the first time since May this week, but the real story continues to be that the international price for the same grade of oil remains more than 12% higher…while US WTI … Continue reading

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August’s new home construction and existing home sales

there were just two reports with large followings released this week: the August report on New Residential Construction from the Census Bureau and the Existing Home Sales Report for August from the National Association of Realtors (NAR)…in addition, the Bureau … Continue reading

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tables and graphics for September 23rd

rig count summary: distillates supplies:

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US oil prices still 13% lower than overseas; OPEC report shows glut vanishing; US gasoline supplies see a record drop..

the $50 a barrel level, as Texas Gulf Coast refineries returned to operation and began to soak up some of the oil glut that had built up during their shutdown…however, front month Brent oil prices, the international benchmark, did rise … Continue reading

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August’s consumer and producer prices, retail sales, and industrial production; July’s business inventories and JOLTS

reports released this past week included Retail Sales for August and Business Sales and Inventories for July from the Census Bureau, August Industrial Production and Capacity Utilization from the Fed, and the August Consumer Price Index, the August Producer Price … Continue reading

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graphics and tables for September 16th

retail sales: rig count summary: Brent vs WTI: official OPEC output: OPEC targets: global production: global oil demand: OPEC output chart:

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