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Recent Posts
- global oil supply near December’s demand; US distillates exports at a 40 mo low; gasoline production at a 34 week low
- December’s consumer & producer prices, retail sales, & industrial production; November’s business inventories & JOLTS
- tables and graphs for January 16
- gasoline demand at a 32 week low, gasoline supplies up most in 35 weeks; distillates supplies up most in 31 weeks
- December’s jobs report; November’s trade deficit, construction spending, factory inventories, and wholesale trade..
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Category Archives: Uncategorized
global oil supply near December’s demand; US distillates exports at a 40 mo low; gasoline production at a 34 week low
oil prices managed an increase for the tenth time out of the past eleven weeks despite a sharp selloff on Friday, as strength in equities, a weaker dollar, and strong Chinese demand bouyed prices…after rising 7.7% to a ten month … Continue reading
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December’s consumer & producer prices, retail sales, & industrial production; November’s business inventories & JOLTS
Major reports that were released this past week included the December Consumer Price Index, the December Producer Price Index, the December Import-Export Price Index, and the Job Openings and Labor Turnover Survey (JOLTS) for November, all from the Bureau of … Continue reading
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tables and graphs for January 16
rig count summary retail sales: OPEC output: global oil supply: global oil demand:
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gasoline demand at a 32 week low, gasoline supplies up most in 35 weeks; distillates supplies up most in 31 weeks
oil exports at a forty-one week high & refinery utilization at a 19 week high led to largest drop in crude supplies since August; gasoline production fell by the most since March to a 7 month low, but gasoline demand … Continue reading
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December’s jobs report; November’s trade deficit, construction spending, factory inventories, and wholesale trade..
The major economic reports released the past week were the Employment Situation Summary for December from the Bureau of Labor Statistics, the November report on our International Trade from agencies within the Commerce Dept, and the November report on Construction … Continue reading
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oil ends 2020 down 20%; natural gas ends up 15%; oil exports at 40 week high
oil prices ended higher for the eighth week in the past nine this week, as a new stimulus bill and a weaker dollar supported prices…after falling 2.1% to $48.24 per barrel last week as a new mutant strain of the … Continue reading
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October’s Case-Shiller HPI; Advance Economic Indicators for November
With the major month end reports already released last week, the only widely watched report released this week was the Case-Shiller Home Price Index for October from S&P Case-Shiller, which doesn’t even include any prices of homes, but just a … Continue reading
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oil falls first time in 8 weeks on spread of mutant virus; US oil supplies now more than 50% above the 2010-2014 average
oil prices fell for the first time in 8 weeks this week, as a mutant strain of the coronavirus spreading in the UK prompted a severe lockdown there and new travel restrictions world-wide…after rising more than 5% to $49.10 a … Continue reading
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