• Schedule for Week of Aug 12, 2018
• No major economic releases scheduled.
Oil prices were down over the last week with WTI futures at $67.87 per barrel and Brent at $73.00 per barrel. A year ago, WTI was at $49, and Brent was at $51 – so oil prices are up about 40% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.85 per gallon. A year ago prices were at $2.35 per gallon – so gasoline prices are up 50 cents per gallon year-over-year.