Monthly Archives: September 2018

The key economic releases of the past week were the 3rd estimate of 2nd quarter GDP from the Bureau of Economic Analysis, and the August report on Personal Income and Spending, also from the BEA, which includes 2 months of … Continue reading →

rig count summary: oil production:    nat gas supply: nat gas supply historical: temps: temps:

oil prices continued to rally for a second week on concerns over global supply this past week, stalling only after Trump tweeted threats towards OPEC producers on Thursday…after rising 1.6% to $68.99 a barrel in volatile trading last week, contract … Continue reading →

The only widely watched monthly reports that were released this week were 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 … Continue reading →

rig count summary:

oil prices ended modestly higher in a week that saw several sharp price moves, both to the upside and to the downside…after falling nearly 3% to $67.75 a barrel in their first drop in three weeks last week, contract prices … Continue reading →

Major reports released this past week included the August Consumer Price Index, the August Producer Price Index, the August Import-Export Price Index, and the Job Openings and Labor Turnover Survey (JOLTS) report for July, all from the Bureau of Labor … Continue reading →

retail sales: rig count summary: gasoline supplies: distillate supplies: OPEC production: global oil production: global oil demand:

oil prices fell for the first time in three weeks this week, as anxiety about the economic impact of worsening trade wars overwhelmed concerns about Iran sanction related supply issues…after rising 1.6% to $69.80 a barrel last week and not … Continue reading →

In addition to the Employment Situation Summary for August from the Bureau of Labor Statistics, this week also saw the release of three July reports that provide us with inputs to 3rd quarter GDP, and in some cases suggest revisions … Continue reading →