VP Pence weighs in on the economy

Sees big tax cut effectsVP Pence is weighing in on the economy saying: The best is yet to come as the economy sees tax cut effects. The US stock market is getting a boost today after the sharp fall into the close that saw the Dow reverse 470 points and the major indices closing at […]

DOE crude oil inventories -1616K vs 2900K estimate

Gasoline build 261K vs 1350K estimateThe weekly inventory data is showing a surprise draw of -1616K vs +2900K build estiamate.The API private estimate from yesterday showed a -907K draw as well. Gasoline 261K vs 1350K estimate Cushiing -2664K vs -3642K last week Distillates -2422K vs -1200K estimate US refinery utilization -1.7% vs -0.80% estimate The […]