• 5 minutes Trump vs. MbS
  • 9 minutes Saudis Threaten Retaliation If Sanctions are Imposed
  • 15 minutes Can the World Survive without Saudi Oil?
  • 4 hours WTI @ $75.75, headed for $64 - 67
  • 53 mins The Dirt on Clean Electric Cars
  • 3 hours The end of "King Coal" in the Wales
  • 3 hours These are the world’s most competitive economies: US No. 1
  • 12 hours Saudi-Kuwaiti Talks on Shared Oil Stall Over Chevron
  • 10 hours Closing the circle around Saudi Arabia: Where did Khashoggi disappear?
  • 1 hour EU to Splash Billions on Battery Factories
  • 1 day Uber IPO Proposals Value Company at $120 Billion
  • 11 hours Coal remains a major source of power in Europe.
  • 1 hour E-mopeds
  • 1 hour Petrol versus EV
  • 1 hour 10 Incredible Facts about U.S. LNG
  • 19 hours Poland signs 20-year deal on U.S. LNG supplies
UAE Boosts Production, Introduces New Crude Blend

UAE Boosts Production, Introduces New Crude Blend

UAE’s ADNOC is boosting production…

The Chicago Fed Says that US Economic Activity has Improved

The Chicago Fed released the national activity index (a composite index of other indicators): Economic Activity Improved in February

Led by gains in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.44 in February from –0.49 in January. All four broad categories of indicators that make up the index increased from January, and three of the four categories made positive contributions to the index in February.

The index’s three-month moving average, CFNAI-MA3, decreased to +0.09 in February from +0.28 in January, marking its fourth consecutive reading above zero. February’s CFNAI-MA3 suggests that growth in national economic activity was somewhat above its historical trend. The economic growth reflected in this level of the CFNAI-MA3 suggests limited inflationary pressure from economic activity over the coming year.

Click here to read full article.


x

Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News