Monthly Archives: February 2023

natural gas​ hit $2 for the ​​first time in 29​ month​s; ​lower 48 ​oil production at a 33 month high​;​ commercial crude oil inventories at a new 20 month high​ as oil supplies that cannot be accounted for tops two … Continue reading →

The key economic reports released during the past week were the 2nd estimate of 4th quarter GDP and the January report on Personal Income and Spending, both from the Bureau of Economic Analysis; other widely watched releases included the January … Continue reading →

natural gas prices settle ​at a 28 month low; commercial crude oil inventories are at a ​20 month high after ​8 straight increases​ and a record 12.1% jump YTD; global oil production exceeded demand by ​440,000 barrels per day in … Continue reading →

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

natural gas prices hit a new 25 month low; oil production was at a 33 week high; commercial crude oil inventories are at a 19 month high after 7 straight increases; imports of distillates were at a 17 year high.. … Continue reading →

Regular agency reports that were released this week included the Commerce Department’s report on our International Trade for December, and the December report on Wholesale Trade, Sales and Inventories from the Census Bureau….also this week, the Fed released the Consumer … Continue reading →

natural gas prices are at a 25 month low after the largest one month drop in 22 years; commercial crude oil inventories are at a 19 month high; rig count fell5 by the most in 31 months US oil prices … Continue reading →

The major economic releases from the past week included the Employment Situation Summary for January and the Job Openings and Labor Turnover Survey (JOLTS) report for December, both from the Bureau of Labor Statistics, and two December reports that included … Continue reading →