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Is automotive deflation inevitable?
The average US new car costs nearly $50,000 right now and the average electric car price in the United States hit $66,000 last month – a more than 1...
September 8, 2023, 2:41 pm
Us sanctions driving oil supply squeeze with opec+ cuts
The Biden administration is worried that gasoline could rise to $5 a gallon. They could easily counter ...
September 7, 2023, 9:42 am
Private oil survey data shows larger than expected draw for the headline crude number
The inventory data from the private survey is out now, official data (usually) comes out on Wednesday morning (US time), but this week due to the holi...
September 6, 2023, 8:35 pm
Fed's mester: we might have to go a bit higher
The labour market has also come more into balancefrom what I see so far, that we might have to go a bit higher, that we might have to raise the policy...
September 5, 2023, 2:29 pm
Oil gains for the eighth consecutive day in highest close since november
Markets are generally closed today but oil traded electronically and it picked up from where it left off last week. WTI crude climbed for the eighth d...
September 4, 2023, 6:57 pm
Wti crude futures settle at $81.63
Crude oil futures are settling at $81.63. That's up $0.47 or 0.58%. The high price reached $82.05. The low price was at $80.88.The weekly cruel invent...
August 30, 2023, 6:45 pm
Us weekly eia crude oil inventories -10584k vs -3267k expected
Prior crude -6135KKgasoline -214K vs -933K expectedDistillates +1235K vs +189K expectedRefinery utiliza...
August 30, 2023, 2:30 pm
Private oil survey data shows much larger headline crude draw than was expected
The inventory data from the private survey is out now, official data follows Wed. morning (US time).Via Twitter:--Expectations I had seen centred on:H...
August 29, 2023, 8:39 pm
Japan reportedly considers to extend fuel subsidies until year-end
The measure in question is one that is helping to keep gasoline prices below ¥180 a litre and it is be...
August 29, 2023, 5:19 am
The likelihood of fuel subsidies in japan is firming up - from september
I popped up a flag on this last week:Japan is considering fuel price relief measuresReuters now, citing unnamed "sources with direct knowledge of the ...
August 29, 2023, 3:19 am
Gas prices soar 60 cents per gallon since start of year to batter inflation-weary drivers
The national average price of a gallon of regular gasoline stood at $3.82 as of Monday -- which is 9 ce...
August 28, 2023, 1:06 pm
Beyond tesla: 3 electric vehicle stocks you've probably overlooked
Automakers around the world are working overtime to pivot to electric vehicles and phase out gasoline-p...
August 26, 2023, 10:00 am
July final umich us consumer sentiment 69.5 vs 71.2 expected
Prelim was 71.2Prior was 71.6Current conditions 75.7 vs 77.4 prelim (76.6 prior)Expectations 65.5 vs 67.3 prelim (68.3 prior)1-year inflation 3.5% vs ...
August 25, 2023, 2:00 pm
Focus: gas-electric hybrid vehicles get a boost in the us from ford, others
Hybrid gasoline-electric vehicles may not be dying as fast as some predicted in the auto sector's rush ...
August 23, 2023, 2:08 pm
Bj's wholesale club stock drops on 2q sales miss
BJ's Wholesale Club (NYSE:BJ) has reported lower second-quarter sales and earnings as it was held back by lower ...
August 22, 2023, 7:33 am
Oil up on expected u.s. oil stock drawdown, but china gloom tempers gain
Oil prices were up in early trade on Tuesday ahead of data later expected to show a draw in U.S. crude oil and ...
August 21, 2023, 9:12 pm
Glp.pra - sell it given the refinancing risk
Global Partners is a U.S. independent owner, supplier, and operator of gasoline stations and convenienc...
August 21, 2023, 12:27 pm
Weekly focus – pmis next week could be decisive for ecb and fed
Over the last week, we have seen bond yields trend upwards, probably driven by a range of factors including government bond supply and better than exp...
August 18, 2023, 3:38 pm
Canada july ppi -2.7% y/y vs -5.5% prior
Prior was -5.5%Producer prices m/m +0.4% vs -0.6% priorRaw materials price index -11.1% y/y vs -19.7% priorRaw materials price index+3.5% m/m vs -1.5%...
August 18, 2023, 12:31 pm
Ford unveils the mustang gtd. it's a $300,000 beast.
Ford unveils its latest gasoline-powered Mustang, a good, old-fashioned muscle car....
August 18, 2023, 11:52 am
