Tag Archives: inventories

US liquefied natural gas (LNG) exports rose nearly 16% last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continuing to dominate.US LNG is in high demand as European countries try to cut gas imports from Russia following its invasion of Ukraine while also looking …

Data released on Wednesday, showed real GDP grew during the fourth quarter an annualized rate of 6.9%, below the 7% of previous estimates. According to analysts at Wells Fargo, the sequential rate of real GDP growth likely has downshifted in the first quarter of 2022, but it appears to have …

Toyota Motor Co. said it will suspend all local factory operations on Tuesday, losing production of about 13,000 cars, after a company that supplies it with plastic parts and electronic components was subjected to a suspected cyber attack. No information was available yet on who was behind the attack or …

West Texas Intermediate crude oil is now down by 0.8% on the day so far, it is now traded at $91.22 after falling from a high of 92.70 to a low of 90.76. The black gold is retreating from its highest levels in seven years as supply risk sentiment takes …

Narrow inventories pushed sales of new vehicles down as Toyota, Honda, Subaru, Hyundai and Kia all reported their sales dropped during November despite anticipated strong demand. Kia reported a drop in sales for November; however, its total sales through the first 11 months of 2021 surpassed the sales record the …

U.S. crude oil and gasoline inventories rose last week as production rebounded as more offshore oil facilities returned from last month’s storm-related shut-ins, the Energy Information Administration said on Wednesday.Crude inventories (USOILC=ECI) rose by 2.3 million barrels in the week to Oct. 1 to 420.9 million barrels, compared with analysts’ …

The Canadian dollar strengthened, Wednesday, against the U.S. dollar as oil prices rose and domestic data showed inflation climbing to its highest level in 18 years. Broad U.S. dollar weakness prevails despite positive developments for the Canadian dollar, on the inflation front. Canada’s annual inflation rate climbed to 4.1% in …