U.S. crude oil inventories rose unexpectedly last week, hitting their highest levels since July 2017, due to weak refinery output, particularly in the Midwest, the Energy Information Administration (EIA) said May 22. Crude inventories rose 4.7 million barrels in the week ended May 17, compared ...
Federal Reserve Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto Wed, Dec 4th 2024 Economy Trump plans to nominate Paul Atkins as SEC chair in crypto-friendly move Wed, Dec 4th 2024 Economy Private payrolls grew by 146,000 in November, less than expected, ADP sa...
EIAreport: US strategic oil reserve (SPR) inventories fell by 1.867 million barrels to 353.6 million barrels in the week of June 02, a decrease of 0.53%.
In addition, the Federal Reserve’s preferred measure of inflation, the PCE deflator, came in at 2.1% year over year in September, almost hitting the Fed’s target. We expect inflation to continue falling into 2025. The potential tariffs and deportations, however, represent the biggest changes...
US Seeks to Buy up to 3 Million Barrels for Oil Reserve for Jan Delivery More Reuters An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 20...
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Those who don't want to make a $3,000 minimum investment will find these mutual funds more accessible. Marc GubertiDec. 10, 2024 9 Best Small-Cap Stocks to Buy in 2025 Changing policies and market conditions are lifting these small-cap stocks in the coming year. ...
Yield on two-year Treasury falls below 10-year counterpart as inversion in closely watched indicator ends September 4 2024 US job openings fall to lowest level since 2021 Data underlines how demand for workers is slowing as Federal Reserve plans next move on interest rates this month ...
Federal Reserve Barr to step down as Fed’s top Wall Street regulator US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor Save US Congress certifies Trump’s 2024 electoral win Certification comes four years after Republican’s supporters st...
Trump will struggle to drive down oil prices Energy production in the US will rise but more of the output will be gassy US banks Wait, how many banks were run in 2023? More than you’d think! World Alphaville LLC issues new research report on Greenland ...