Monthly Archives: December 2019

oil prices rose for the 4th week in a row and for the 7th week out of eight, underpinned by reports that showed larger than expected declines in U.S. supplies of crude and its products….after rising less than 1% to … Continue reading →

With the major month end reports already released last week, the only widely watched agency reports that were left for release this week were the advance report on durable goods for November and the new residential sales report for November, … Continue reading →

rig count: natural gas prices:

oil prices hit three month highs on three days this week on their way to rising for the 6th time in seven weeks, but gave up most of their gains for the week in Friday profit taking ahead of the … Continue reading →

In advance of the holidays, some of the reports that are normally released during the last week of the month were accelerated into this week…that meant that we have the 3rd estimate of 3rd quarter GDP and the November report … Continue reading →

rig count summary: refinery inputs:

oil prices rose for the 5th time in 6 weeks to close at a three month high this week, as renewed hopes for a US-China trade deal powered a late week rally….after rising 7.3%, or more than $4 to $59.20 … Continue reading →

Major reports released this week included the November Consumer Price Index, the November Producer Price Index, and the November Import-Export Price Index, all from the Bureau of Labor Statistics, and the Retail Sales report for November and the Business Sales … Continue reading →

retail sales: rig count: OPEC production: additional OPEC cuts: global oil supply: global oil demand 2019: global oil demand 2020:

In addition to the Employment Situation Summary for November from the Bureau of Labor Statistics, this week’s economic releases included four reports that will feed into 4th quarter GDP: the Commerce Department report on our International Trade for October, the … Continue reading →