US Crude Inventories Decline by 1.9M Barrels
(IEA) The US reported 411.6 million barrels of crude oil inventories in the week that ended March 4, down by 1.9 million barrels from the previous week. Inventories of motor…
(IEA) The US reported 411.6 million barrels of crude oil inventories in the week that ended March 4, down by 1.9 million barrels from the previous week. Inventories of motor…
(BLS) US job openings remained little changed at 11.3 million on the last business day of January. The rate of job openings also remained little changed at 7.0%. Job openings…
Crude oil prices rose to a 14-year high earlier in the week.Analysts forecast further rallying to $150 per barrel.The US has banned crude oil imports from Russia. Fundamental analysis Russia’s…
(Department of Treasury) Bitcoin rose past the $41,500 level on Wednesday after US Treasury Secretary Janet Yellen lauded President Joe Biden’s crypto executive order. Yellen said that the expected executive…
(BEA) US gross domestic product rose at an annual rate of 2.0% in the third quarter, missing expected 2.8% increase and below a gain of 6.7% in the second quarter.…
(BLS) The US posted 10.4 million jobs opening on the last business day of August, down by 6.6% or 659,000 from July’s record high. The Northeast and Midwest regions saw…
(FT) Nicolas Chaillan, the first Pentagon chief software officer, says China has won the artificial intelligence war against the US and is heading for global dominance. Chaillan, who describes the…
(EIA) The US reported an average of 15.7 million barrels per day of crude oil refinery inputs in the week that ended October 1, up 330,000 bpd from the previous…
(ADP) Total private sector employment in the US gained by 568,000 from August to September, underlining labor market recoveries constrained by the challenges of hiring. Large businesses added the most…
(The Conference Board) The US Conference Board Leading Economic Index reached 117.1 in August, up 0.9% and after another increase of 0.8% in July. The index had risen by 0.6%…
(BLS) Import prices in the US rose by 0.3% in July, a slower rate compared to 1.1% increase in June, and 1.3% in May. The increase in imports reflected rising…
(WSJ) Over thirty US business groups are asking Biden’s administration to renegotiate the 2020 Phase One Trade Pact with China and reduce import tariffs. The business groups say that China…