by Calculated Risk on 8/08/2021 06:07:00 PM
o Schedule for Week of August 8, 2021
o At 10:00 AM ET, Job Openings and Labor Turnover Survey for June from the BLS.
Oil prices were down over the last week with WTI futures at $68.28 per barrel and Brent at $70.70 per barrel. A year ago, WTI was at $41, and Brent was at $44 – so WTI oil prices are UP about 65% year-over-year (oil prices collapsed at the beginning of the pandemic).
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.18 per gallon. A year ago prices were at $2.17 per gallon, so gasoline prices are up $1.01 per gallon year-over-year.