EIA Oil Inventories Crude -1527 Draw, Gasoline – 2517 Draw #TCOIL

The TCOIL preview for this week’s EIA DOE Weekly Petroleum Status Report highlights the key variable to watch out for. Crude oil markets are watching for production and product use with the all important import export trade.

Americans Buying Homes Again in June, Pending Home Sales +1.5%

US pending home sales from the National Association of Realtors in June show the first gain in four months. With the stock market at all time highs and in some regions home prices at new highs home sale volumes have concerned many. 

Highlights of Oil & Gas Energy Earnings Reports This Week

Energy company earnings kicked off this week with oil service giants $SLB & $HAL, Oil majors $XOM $RDG.A $COP and $CVX, Pipelines $TCP Natural gas $ECA $COP. Catch up on all the energy earnings you  may have missed.