Converge Damn you!
CL Redux
- Thread starter schizo
- Start date
# 10:00a
BREAKING
Jan. Philly Fed index 7.3
Not quite as high as they expected.
http://www.briefing.com/investor/calendars/economic/2012/01/16-20/
http://www.marketwatch.com/story/ja...recast-73-2012-01-19?link=MW_home_latest_news
By Steve Goldstein
WASHINGTON (MarketWatch) -- The Philadelphia Fed's manufacturing index in January edged up to a reading of 7.3 in January from 6.8 in December. Economists polled by MarketWatch had forecast a reading of 9.3. The new orders index remained positive for the fourth consecutive month but declined from a revised reading of 10.7 in December to 6.9 in January.
BREAKING
Jan. Philly Fed index 7.3
Not quite as high as they expected.
http://www.briefing.com/investor/calendars/economic/2012/01/16-20/
http://www.marketwatch.com/story/ja...recast-73-2012-01-19?link=MW_home_latest_news
By Steve Goldstein
WASHINGTON (MarketWatch) -- The Philadelphia Fed's manufacturing index in January edged up to a reading of 7.3 in January from 6.8 in December. Economists polled by MarketWatch had forecast a reading of 9.3. The new orders index remained positive for the fourth consecutive month but declined from a revised reading of 10.7 in December to 6.9 in January.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.4 million barrels from the previous week. At 331.2 million barrels, U.S. crude oil inventories are in the upper limit of the average range for this time of year. Total motor gasoline inventories increased by 3.7 million barrels last week and are in the upper limit of the average range. Both finished gasoline inventories and blending components inventories increased last week. Distillate fuel inventories increased by 0.4 million barrels last week and are in the middle of the average range for this time of year. Propane/propylene inventories decreased by 1.1 million barrels last week and are in the upper limit of the average range. Total commercial petroleum inventories decreased by 2.1 million barrels last week.
Total products supplied over the last four-week period have averaged about 18.1 million barrels per day, down by 7.2 percent compared to the similar period last year. Over the last four weeks, motor gasoline product supplied has averaged 8.4 million barrels per day, down by 6.1 percent from the same period last year. Distillate fuel product supplied has averaged about 3.6 million barrels per day over the last four weeks, down by 4.4 percent from the same period last year. Jet fuel product supplied is 5.6 percent lower over the last four weeks compared to the same four-week period last year.
Total products supplied over the last four-week period have averaged about 18.1 million barrels per day, down by 7.2 percent compared to the similar period last year. Over the last four weeks, motor gasoline product supplied has averaged 8.4 million barrels per day, down by 6.1 percent from the same period last year. Distillate fuel product supplied has averaged about 3.6 million barrels per day over the last four weeks, down by 4.4 percent from the same period last year. Jet fuel product supplied is 5.6 percent lower over the last four weeks compared to the same four-week period last year.
*Yawning*