by Calculated Risk on 9/26/2021 07:10:00 PM
o Schedule for Week of September 26, 2021
o 8:30 AM ET, Durable Goods Orders for August from the Census Bureau. The consensus is for a 0.7% increase in durable goods orders.
o 10:30 AM, Dallas Fed Survey of Manufacturing Activity for September.
Oil prices were up over the last week with WTI futures at $74.53 per barrel and Brent at $78.55 per barrel. A year ago, WTI was at $40, and Brent was at $41 – so WTI oil prices are UP 90% 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 $2.18 per gallon, so gasoline prices are up $1.00 per gallon year-over-year.