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2017-04-05 18:40:00

U.S. DEFICIT $43.6 BLN

U.S. DEFICIT $43.6 BLN

USDC - U.S. Secretary of Commerce Wilbur L. Ross, Jr. issued the following statement today on the release of the February 2017 U.S. International Trade in Goods and Services monthly data. In February 2017, the trade deficit stood at $43.6 billion compared to $45.6 billion in February 2016. In February 2017, exports of goods and services stood at $192.9 billion, compared to $180.7 billion in February 2016. In February 2017, imports of goods and services stood at $236.4 billion, compared to $226.3 billion in February 2016.

"While we've seen an improvement in the trade figures between January and February, we continue to be very focused on eliminating our nation's trade imbalance," said Secretary Ross. "Just last week, President Trump issued two executive orders, the first of which directs Commerce to lead a comprehensive review of our trade deficits and foreign violations of trade our trade rules. The second provides a mechanism by which we will collect all duties from importers who are cheating. This administration is determined to achieve free and fair trade, to protect hard working Americans, and to grow our economy."

The seasonally adjusted trade deficit in February stood at $43.6 billion, down from $48.2 billion in January, a decrease of $4.6 billion or 9.6 percent. Exports increased $.4 billion from $192.5 billion in January to $192.9 billion in February. Imports decreased $4.3 billion from $240.7 billion in January to $236.4 billion in February.

The increase in exports of goods was driven by consumer goods which increased $.7 billion to $17.1 billion and military and other goods which increased $.5 billion to $4.9 billion. The decrease in imports of goods were driven by consumer goods which decreased $3.1 billion to $49.0 billion and automotive vehicles, parts and engines which decreased $2.6 billion to $29.1 billion. There was a services surplus for the month of $21.4 billion.

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Earlier: 

U.S. OIL CAPEX UP TO 72% 

U.S. OIL EXPORTS UP 12% 

U.S. OIL DEMAND UP TO 19.3 MBD 

U.S. DRILLING UP 

U.S. ECONOMY WILL UP

 

 

Tags: USA, ECONOMY, TRADE
U.S. DEFICIT $43.6 BLN October, 15, 12:30:00

OIL PRICE: NEAR $81 ANEW

U.S. DEFICIT $43.6 BLN October, 15, 12:25:00

BAD BOYS: IMF & WBG

U.S. DEFICIT $43.6 BLN October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

U.S. DEFICIT $43.6 BLN October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

U.S. DEFICIT $43.6 BLN October, 15, 12:10:00

IRAN SANCTIONS DOWN

U.S. DEFICIT $43.6 BLN October, 15, 12:05:00

IRAN - S.KOREA OIL DOWN ANEW

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Chronicle:

U.S. DEFICIT $43.6 BLN
2018, October, 15, 12:01:00

ГАЗПРОМ - SHELL: БАЛТИЙСКИЙ СПГ

ГАЗПРОМ - Стороны обсудили актуальные вопросы двустороннего сотрудничества. В частности, речь шла о проекте «Балтийский СПГ». Были рассмотрены первоочередные шаги по совместной разработке технической концепции проекта (в объеме pre-FEED).

U.S. DEFICIT $43.6 BLN
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

U.S. DEFICIT $43.6 BLN
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

U.S. DEFICIT $43.6 BLN
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

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