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2015-04-07 20:55:00

U.S. SEISMIC SHIFTS

U.S. SEISMIC SHIFTS

Steady hiring is supposed to fire up economic growth.

Cheap gasoline is supposed to power consumer spending.

Falling unemployment is supposed to boost wages.

Low mortgage rates are supposed to spur home buying.

America's economic might is supposed to benefit its workers.

Yet all those common assumptions about how an economy thrives appear to have broken down during the first three months of 2015.

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Tags: U.S., OIL, PRICE, ECONOMY,

Chronicle:

U.S. SEISMIC SHIFTS
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

U.S. SEISMIC SHIFTS
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

U.S. SEISMIC SHIFTS
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

U.S. SEISMIC SHIFTS
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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