by Calculated Risk on 7/11/2021 09:28:00 PM
o Schedule for Week of July 11, 2021
o No major economic releases scheduled.
Oil prices were down over the last week with WTI futures at $74.68 per barrel and Brent at $75.58 per barrel. A year ago, WTI was at $41, and Brent was at $43 – so WTI oil prices are UP about 80% 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 $3.14 per gallon. A year ago prices were at $2.20 per gallon, so gasoline prices are up $0.94 per gallon year-over-year.