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2017-07-07 07:50:00

U.S. DEFICIT $46.5 BLN

U.S. DEFICIT $46.5 BLN

BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $46.5 billion in May, down $1.1 billion from $47.6 billion in April, revised. May exports were $192.0 billion, $0.9 billion more than April exports. May imports were $238.5 billion, $0.2 billion less than April imports. 

The May decrease in the goods and services deficit reflected a decrease in the goods deficit of $0.9 billion to $67.5 billion and an increase in the services surplus of $0.2 billion to $21.0 billion. 

Year-to-date, the goods and services deficit increased $27.0 billion, or 13.1 percent, from the same period in 2016. Exports increased $54.3 billion or 6.0 percent. Imports increased $81.4 billion or 7.3 percent. 

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Earlier: 

U.S. LNG FOR BRITAIN 

U.S. GAS UPDOWN 

U.S. GDP UP 1.4% 

U.S. - S.KOREA BUSINESS 

DOUBLE U.S. OIL EXPORTS 

IMF: U.S. ISN'T WORKING WELL 

U.S. OIL DEMAND UP 4.9%

 

 

Tags: USA, ECONOMY, TRADE

Chronicle:

U.S. DEFICIT $46.5 BLN
2018, October, 17, 10:05:00

U.S. IN EUROPE

REUTERS - The United States must not determine European energy policy or decide whether Germany buys Russian gas, a top German diplomat said on Tuesday.

U.S. DEFICIT $46.5 BLN
2018, October, 17, 10:00:00

TOTAL IN RUSSIA: THE LARGEST

FT - “Total has great ambition in this country, we want to be the largest foreign oil and gas player here,” the company’s chief executive Patrick Pouyanné said on Monday at the launch of a factory outside Moscow. 

U.S. DEFICIT $46.5 BLN
2018, October, 17, 09:55:00

PETROBRAS - CNPC COOPERATION

PLATTS - Petrobras is to form two joint venture companies with China National Petroleum Corp. (CNPC) to complete construction of a refinery and revitalize four mature fields in the offshore Campos Basin, the state-owned Brazilian company said

U.S. DEFICIT $46.5 BLN
2018, October, 17, 09:50:00

NORWAY'S DEFENCE

BLOOMBERG - The wealth fund’s initial case had focused on limiting Norway’s exposure to a drop in oil prices, given its status as western Europe’s biggest petroleum producer. When the proposal was first made last year, it rocked markets, and drew responses from a number of major investors.

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