Monthly Archives: April 2022

US oil supplies at a 14 year low after record jump in oil exports; oil+products exports at a record high; oil+products inventories at an 8 year low

natural gas hits $8, a 13½ year high, before retreating; SPR at a new 20 year low, total oil supplies at a 14 year low after record jump in oil exports; distillates supplies at a 14 year low, total oil … Continue reading

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March industrial production, new home construction, and existing home sales

There were just two widely watched reports released this past week; the March report on New Residential Construction from the Census bureau, and the Existing Home Sales Report for March from the National Association of Realtors (NAR)….This week also saw … Continue reading

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natural gas price at a 13 year high; distillates supplies at an 8 year low; oil product exports highest ever

natural gas prices at a new 13 year high as heating season ends with supplies lowest in 3 years; Strategic Petroleum Reserve at a 20 year low; US distillates exports at a 45 month high leaves domestic distillates supplies at … Continue reading

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March consumer and producer prices, & retail sales; February’s business inventories

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

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natural gas price hits 13 year high; US oil supplies at a 14 year low; total oil + products exports at a 2 year high

natural gas prices hit 13 year high; US oil supplies at a 14 year low; SPR at a 19½ year low (w/ graph); distillates exports at a 21 month high; total oil + products exports at a 2 year high; … Continue reading

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February’s trade deficit, factory inventories, & wholesale trade

Monthly economic reports that were released over the past week included the Commerce Department’s report on our International Trade for February, the Full Report on Manufacturers’ Shipments, Inventories and Orders for February, and the February report on Wholesale Trade, Sales … Continue reading

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oil drops most in two years; US oil supplies at a 14 year low; commercial crude supplies at a 42 month low

oil prices drop most in two years; US oil supplies are at a 14 year low; commercial crude supplies are at a 42 month low, SPR is at a 19½ year low; total oil + products supplies are at a … Continue reading

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March jobs report; 3rd estimate 4th quarter GDP; February’s income and outlays, construction spending, and JOLTS, et al

There were three key monthly economic reports released over the past week: the Employment Situation Summary for March from the Bureau of Labor Statistics, the 3rd estimate of 4th quarter GDP and the February report on Personal Income and Spending … Continue reading

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