US – Advance GDP q/q The US economy grew 2.9% during Q3 compared to a revised 1.4% in Q2. The largest quarterly increase we’ve seen in the last 2 years. Main drivers for this growth were the...

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US – Unemployment Claims Jobless claims declined by 3,000 to 258K in the week ended October 22. Filings have been below 300K for 86 straight weeks, the longest streak since 1970 and typical...

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US – EIA Crude Oil Inventories Contrary to the API number on Tuesday, the EIA reported a drawdown of 0.6M barrels. WTI spiked 120 pips when the news hit and we even saw the $50 price being...

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US – API Crude Inventories The American Petroleum Institute (API) data recorded a massive inventory build of 4.8M barrels,  following a 3.8M draw the week before. The price of WTI crude...

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