3 CIBC: However, #growth during Q1 was driven by #trade and #inventories, probably linked to efforts front-running #US #tariffs, and #finaldomesticdemand was only flat on the quarter. #cdnecon
2 BMO: Weโ€™re expecting the shortfall to narrow a touch to around $145 bln from almost $148 bln in February. At the same time, weโ€™ll get the advance March figures for #wholesale and #retail #inventories. #trade #tariffs #USEconomy
Bluesky

Bluesky Social
#geopolitics and #commodities Global crude #oil #inventories are the lowest on record since 2017, chart @JPMorganAM

U.S. Crude Oil Inventories rose by 5.81M barrels, surpassing expectations of 2M and higher than the previous 3.889M.

Cushing inventories increased by 1.247M barrels, up from 0.840M. Rising supply raises concerns for demand.

#Oil #CrudeInventories #EIA #Commodities #Energy #US #CrudeOil #Inventories

US Business Inventories rose by 0.4% in Jul, slightly above the 0.3% forecast and up from the previous 0.3%.

US Retail Inventories excluding autos increased by 0.5% in Jul, matching expectations and higher than the previous 0.3%.

#USBusiness #USRetail #Inventories #US #Economy

Wish my brain would stop thinking "I'll just look up another 16th/17th century testament (will and/or inventory) to study in ScotlandsPeople" when the website is still down! Hope it comes back ok after latest upgrade / revamp. And hope it's not as disastrous as some other website revamps inc SP. #HistoricalResearch #ScottishHistory #Scotland #History #Genealogy #FamilyHistory #ScotlandsPeople #website #websites #16thCentury #17thCentury #SixteenthCentury #SeventeenthCentury #Wills #Inventories
๐Ÿ‡บ๐Ÿ‡ธ Cushing, Oklahoma Crude Oil Inventories decreased by 0.668M barrels, a slightly larger decline than the previous week's -0.560M. #Cushing #CrudeOil #Inventories
US #Crude Oil #Inventories saw a sharp decline, with a drawdown of -4.870M barrels, significantly higher than the consensus of -0.900M and previous -3.443M. #Cushing Crude #Oil Inventories also dropped, recording -0.875M barrels compared to the previous -0.702M. #EIA #US #Energy
#Oil prices stabilize amid falling US #inventories and #China's economic slowdown concerns. #Brent crude at $84.27/barrel (+0.39%) and #WTI at $80.39/barrel (+0.63%). US #crude stocks decline sharply, geopolitical tensions rise, and China's Q2 growth slows to 4.7%. #OilPrices
#US Crude Oil #Inventories fell sharply by 3.443 million barrels, surpassing expectations of a 0.700 million barrel build-up. Previous week saw a larger drawdown of 12.157 million barrels. #Oil #CrudeOil #Energy