The U.S. Energy Department’s weekly inventory release showed a surprise build in crude stockpiles. The agency’s bearish report further added that gasoline and distillate supplies logged a broader-than-expected climb, while refinery run-rates decreased from the previous week. The Energy Information Administration (“EIA”) Petroleum Status Report – which contains data for the previous week ending on [...]
The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected drop in natural gas supplies, attributable to slightly warmer-than-normal weather conditions. The ‘Weekly Natural Gas Storage Report’ – as reported by the Energy Information Administration (“EIA”) every Thursday since 2002 – includes updates on natural gas market prices, latest storage level estimates, recent weather data, [...]
Earlier today, the Japan Department Store Association released data showing that sales at department stores nationwide fell 5.2% to 446.3 billion yen in September, marking the 31st consecutive month of decline. The survey covered sales at 92 department store operators with 260 shops, down from 263 a month before.
Here is the breakdown of sales by individual categories: (more…)