Monthly Archives: February 2018

oil prices were higher for the second week in a row, pushing to an 18 day high on falling US oil inventories, troubles in Libya and Saudi jawboning…after a 4.2% jump to $61.68 a barrel the prior week, oil contracts … Continue reading →

it almost looks like government agencies took the week off, because the only widely watched report that was released this past week was the Existing Home Sales Report for January from the National Association of Realtors (NAR)…other than that, we … Continue reading →

rig count summary: OPEC production: global oil supply: OPEC output vs quotas: global oil demand: oil glut:

oil prices rebounded more than 4% this week, after dropping by nearly 10% in a global market panic the prior week, as the financial markets recovered and carried other prices higher as well…after falling a total of $6.60 a barrel … Continue reading →

this week saw the release of seven of the regular monthly agency reports, namely the Retail Sales report for January and Business Sales and Inventories for December from the Census Bureau, the January Consumer Price Index,  the January Producer Price … Continue reading →

rig count summary: daily heating requirements: historical heating requirements: natural gas supplies:

retail sales:

both oil and natural gas prices crashed 10% this week, as a stock market crash spread to bonds, industrial commodities, cryptocurrencies, and to other major global markets (although one might easily see what happened as a US Treasury bond market … Continue reading →

the key economic release of the past week was the December report on our International Trade from the Census Bureau…the Census also released the Wholesale Trade, Sales and Inventories report for December on Friday this week, while the Bureau of … Continue reading →

rig count summary: monthly and weekly oil production: oil prices: natural gas prices: