N.America
![N.America](/cache/07-18/USA-731.2987ca08.png)
2018, July, 12, 10:30:00
U.S. FOREIGN DIRECT INVESTMENT: $259.6 BLN
U.S. BEA - Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion (preliminary) in 2017. Expenditures were down 32 percent from $379.7 billion (revised) in 2016 and were below the annual average of $359.9 billion for 2014-2016. As in previous years, acquisitions of existing businesses accounted for a large majority of total expenditures.
![N.America](/cache/07-18/SANCTIONS-20.f3e853ae.png)
2018, July, 12, 10:20:00
U.S. - EXXON - RUSSIA SANCTIONS
BLOOMBERG - Treasury Secretary Steven Mnuchin told a Texas judge that Exxon Mobil Corp. doesn’t have a right to see privileged documents related to a $2 million fine assessed against the energy company for violating sanctions related to Russia’s 2014 invasion of Ukraine.
![N.America](/cache/07-18/PRICE-051.64a0c7a0.png)
2018, July, 11, 09:35:00
OIL PRICE: NEAR $78 YET
REUTERS - Brent crude futures LCOc1 were down 75 cents, or 1 percent, at $78.11 a barrel by 0308 GMT, having fallen as low as $77.60. U.S. crude CLc1 was down 55 cents, or 0.7 percent, at $73.56.
![N.America](/cache/07-18/PRICE-048.85c0d381.png)
2018, July, 11, 09:25:00
OIL PRICES 2018 - 19: $73 - $69
EIA - Brent crude oil spot prices averaged $74 per barrel (b) in June, a decrease of almost $3/b from the May average. EIA forecasts Brent spot prices will average $73/b in the second half of 2018 and will average $69/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average $6/b lower than Brent prices in the second half of 2018 and $7/b lower in 2019. NYMEX WTI futures and options contract values for October 2018 delivery that traded during the five-day period ending July 5, 2018, suggest a range of $56/b to $87/b encompasses the market expectation for October WTI prices at the 95% confidence level.
![N.America](/cache/07-18/CHINA-157.9ca5adc8.png)
2018, July, 11, 09:05:00
CHINA: THE LARGEST
EIA - In recent years, as its domestic energy consumption has grown, China has become a more significant destination for U.S. energy exports. In particular, China has been among the largest importers of U.S. exports of crude oil, propane, and liquefied natural gas.
![N.America](/cache/07-18/PRICE-042.54f54206.png)
2018, July, 9, 15:25:00
OIL PRICE: NEAR $78
REUTERS - Benchmark Brent LCOc1 was up 70 cents at $77.81 a barrel by 1150 GMT. U.S. crude CLc1 was unchanged at $73.80.
![N.America](/cache/07-18/USA-729.cf78a253.png)
2018, July, 9, 15:10:00
U.S. DEFICIT DOWN $3 BLN TO $43.1 BLN
U.S. BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $43.1 billion in May, down $3.0 billion from $46.1 billion in April,
![N.America](/cache/07-18/RIG-53.032e5e8d.png)
2018, July, 9, 15:00:00
U.S. RIGS UP 5 TO 1,052
BAKER HUGHES A GE - U.S. Rig Count is up 5 rigs from last week to 1,052, with oil rigs up 5 to 863, gas rigs unchanged at 187, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 10 rigs from last week to 182, with oil rigs up 9 to 126 and gas rigs up 1 to 56.
![N.America](/cache/07-18/USA-730.132bb598.png)
2018, July, 9, 14:55:00
U.S. UNEMPLOYMENT UP TO 4%
U.S. BLS - Total nonfarm payroll employment increased by 213,000 in June, and the unemployment rate rose to 4.0 percent,
![N.America](/cache/07-18/PRICE-036.188511f9.png)
2018, July, 6, 12:01:00
OIL PRICE: NEAR $77 YET
REUTERS - Yet by 0649 GMT, U.S. West Texas Intermediate (WTI) crude futures were up 16 cents, or 0.2 percent, from their last settlement at $73.10 per barrel. Brent crude futures LCOc1 were down 7 cents, or 0.1 percent, at $77.32.
![N.America](/cache/07-18/IRAN-136.9bc2948a.png)
2018, July, 6, 11:45:00
IRAN'S OIL IS IMPORTANT
SHANA - Donald Trump's call on other countries to stop buying crude oil from Iran and putting European companies under pressure would be a kind of self-harm for the US leading to dramatic price hikes in the oil market, given Nigeria and Libya being crisis-stricken, Venezuela's crude oil output having plunged and Saudi Arabia's domestic consumption spike in summer, Iran's OPEC Governor says.
![N.America](/cache/07-18/USA-728.7e6d7843.png)
2018, July, 6, 11:15:00
U.S. ELECTRICITY INVESTMENT
WSJ - A California utility is seeking permission to have a company build the world’s largest battery, joining a growing list of power companies investing in storing electricity. Pacific Gas & Electric Co., part of PG&E Corp. , detailed plans for four storage projects totaling nearly 570 megawatts in a Friday filing to regulators, including a 300-megawatt battery installation at a natural-gas-fired power plant owned by Vistra Energy Corp.
![N.America](/cache/07-18/NORD-STREAM-29.39448d9c.png)
2018, July, 4, 12:15:00
NORD STREAM 2 FINANCING
REUTERS - “The project will definitely be financed. It is important for Gazprom and Russia currently has a high liquidity in euros,” Paul Corcoran, the Nord Stream 2 CFO, told Welt am Sonntag in an interview.
![N.America](/cache/07-18/USA-727.a66552da.png)
2018, July, 4, 12:10:00
U.S. ECONOMY UP AGAIN
IMF - The near-term outlook for the U.S. economy is one of strong growth and job creation. Unemployment is near levels not seen in 50 years, and growth is set to accelerate, aided by a fiscal stimulus, a recovery of private investment, and supportive financial conditions. These positive outturns have supported, and been reinforced by, a favorable external environment. The balance of evidence suggests that the U.S. economy is beyond full employment.
![N.America](/cache/07-18/NORD-STREAM-28.462cda67.png)
2018, July, 2, 11:55:00
NORD STREAM-2: NO SANCTIONS
REUTERS - Germany has been assured by the United States that any sanctions imposed on Russia will not affect the building of a gas pipeline to bring Russian gas to Europe, a spokeswoman for the German economy ministry said on Friday.