Brent Oil Brent oil prices decreased by 1.84% or US$1.33, as prices fell this week. Oil traded on August 16, 2018 at a price of US$70.86 per barrel relative to US$72.19 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 0.22% (JMD$0.30). Additionally,
August 13, 2018 The Bureau of Labour Statistics reported that, “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in July, seasonally adjusted basis after rising 0.1 percent in June. Over the last 12 months, the all items index rose 2.9 percent before seasonal adjustment.” The report mentioned that in July, the
August 10, 2018 The Bureau of Labour Statistics reported that, “Real average hourly earnings for all employees were unchanged from June to July. This result stems from a 0.3 percent increase in average hourly earnings combined with a 0.2 percent increase in the Consumer Price Index for all Urban Consumers (CPI-U).” The report mentioned that
Brent Oil Brent oil prices decreased by 1.65% or US$1.21, as prices fell this week. Oil traded on August 9, 2018 at a price of US$72.19 per barrel relative to US$73.40 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 0.25% (JMD$0.35). Additionally,
August 09, 2018 The Bureau of Labor Statistics reported that, “Total nonfarm payroll employment increased by 157,000 in July, and the unemployment rate fell to 3.9%. Job growth occurred in professional and business services, manufacturing, and health care and social assistance.” Household Survey Data According to available seasonally adjusted data, in July, there was decrease
August 08, 2018 The U.S. Bureau of Economic Analysis indicated that, “Real Gross Domestic Product (GDP) increased at an annual rate of 4.1 percent in the second quarter of 2018 relative to a 2.2 percent increase in real GDP for the first quarter.” The report mentioned that due to positive contributions from personal consumption expenditures
August 07, 2018 The U.S. Bureau of Economic Analysis indicated that, “The U.S. monthly international trade deficit increased in June 2018. The deficit increased from $43.2 billion in May (revised) to $46.3 billion in June, as exports decreased and imports increased.” The report mentioned that the previously published May deficit was $43.1 billion. In June,
August 03, 2018 According to the latest report published by Eurostat, the statistical office of the European Union, “In June 2018 compared with May 2018, the seasonally adjusted volume of retail trade increased by 0.3% in the euro area (EA19) and remained unchanged in the EU28.” However, in May, the retail trade volume increased by
Brent Oil Brent oil prices increased by 1.49% or US$0.65, as prices fell this week. Oil traded on August 2, 2018 at a price of $73.40 per barrel relative to US$74.51 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.93% (JMD$2.60). Additionally,
August 02, 2018 According to the latest report published by Eurostat, the statistical office of the European Union, “In June 2018, compared with May 2018, industrial producer prices rose by 0.4% in both the euro area (EA19) and the EU28.” However, in May 2018 there price increased by 0.8% in the euro area while in
