Monthly Archives: October 2018

oil prices were lower for a third consecutive week as ​tumbling ​global financial markets overwhelmed concerns about the impact of US sanctions on Iran…after falling 3.1% to $69.12 a barrel on higher than expected oil supplies midst retreating markets last … Continue reading →

The key economic release of the past week was the 1st estimate of 3rd quarter GDP from the Bureau of Economic Analysis; other widely watched releases included the advance report on durable goods for September and the September report on … Continue reading →

rig count summary: natural gas storage history:

oil prices were down for a second week and hit a one month low on Thursday, as trading on fundamentals gave way to geopolitical concerns arising from the Saudi orchestrated dismemberment and subsequent killing of Washington Post columnist and Saudi … Continue reading →

Major reports released this past week included Retail Sales for September and Business Sales and Inventories for August from the Census Bureau, Industrial production and Capacity Utilization for September from the Fed, the September report on New Residential Construction from … Continue reading →

rig count summary: average temperature summary: regional anomalies:

retail sales:

oil prices fell for the first time in 5 weeks on a pair of reports showing growing US oil stockpiles and on a broad based selloff in financial markets globally…after hitting a 4 year high and closing 1.3% higher at … Continue reading →

The key reports released this past week were the September Consumer Price Index, the September Producer Price Index, and the September Import-Export Price Index from the Bureau of Labor Statistics, which together give us most of the information needed to … Continue reading →

rig count summary: OPEC oil output: global oil output: global oil demand: