Categories
Archives
Source: Lucy Nicholson, CNBC
Oil prices jumped 2.4% this week after a drone attack by Yemeni Houthi forces on a Saudi oil facility. The attack caused a fire at a gas plant.
Meanwhile, OPEC cut its forecast for global oil demand growth by 40,000 barrels per day. The group also predicted that the market will be in slight surplus in 2020.
Diesel and Gasoline (U.S. Averages)
| Units | Current Price | 1 Week Ago | Change vs. 1 Week Ago | |
|---|---|---|---|---|
| Diesel | per gallon | $2.994 | $3.011 | -$0.017 |
| Gasoline | per gallon | $2.598 | $2.624 | -$0.026 |
Crude Oil & Natural Gas
| Units | Current Price | 1 Week Ago | Change vs. 1 Week Ago | |
|---|---|---|---|---|
| West Texas Intermediate Crude (Nymex) |
per barrel | $56.08 | $54.46 | +$1.62 |
| Brent Crude (ICE) |
per barrel | $59.70 | $58.32 | +$1.38 |
| Natural Gas (Nymex) |
MMBtu | $2.21 | $2.12 | +$0.09 |
Framing Lumber & Plywood Products
| Current | 1 Week Ago | 2 Weeks Ago | Change vs. 1 Week Ago | |
|---|---|---|---|---|
| Lumber | $371.60 | $359.10 | n/a | +$12.50 |
U.S. Unemployment Rates
| 2019 | 2018 | 2017 | |
|---|---|---|---|
| January | 4.0% | 4.1% | 4.8% |
| February | 3.8% | 4.1% | 4.7% |
| March | 3.8% | 4.1% | 4.5% |
| April | 3.6% | 3.9% | 4.4% |
| May | 3.6% | 3.8% | 4.3% |
| June | 3.7% | 4.0% | 4.4% |
| July | 3.7% | 3.9% | 4.3% |
| August | – | 3.9% | 4.4% |
| September | – | 3.7% | 3.7% |
| October | – | 3.7% | 4.1% |
| November | – | 3.7% | 4.1% |
| December | – | 3.9% | 4.1% |
Sources: EIA, Bloomberg, Markets Insider
“Helping our clients get jobs done since 1998.”
