Post Tagged with: "federal reserve"

The Response by U.S. Investment to Oil Price Shocks: Does the Shale Boom Matter?

The Response by U.S. Investment to Oil Price Shocks: Does the Shale Boom Matter?

Kansas City Federal Reserve Bank economist Nida Cakir Melek asks the thought provoking question in a report released by the bank today.

The bank posits that “the oil sector has become increasingly important to the U.S. economy over the past …

November 20, 2018 - 12:16 pm Closing Bell Story‎
Texas Oil and Gas Employment at Highest Level Since 2015

Texas Oil and Gas Employment at Highest Level Since 2015

The oil and gas sector in Texas remained strong through March according to the Dallas Fed’s new report. Prices for WTI crude oil rose slightly in March, staying close to $63 per barrel and oil production in the Permian Basin …

Texas Economic Activity, Oilfield Hiring Up: Dallas Federal Reserve

Texas Economic Activity, Oilfield Hiring Up: Dallas Federal Reserve

Activity in the Eleventh Federal Reserve District’s energy sector gained momentum in the fourth quarter of 2017, according to the Dallas Fed Energy Survey. The business activity index—the survey’s broadest measure of business conditions—climbed over 10 points to 38.1, with …

Divergent Needs Put Fed, Central Banks on Different Paths

Divergent Needs Put Fed, Central Banks on Different Paths

Fed is likely to raise its key rate two more times – Dallas Federal Reserve

The last time the world’s central banks diverged on policy came as the Fed increased its key rate in December 2015. It’s happening again.

The …

March 22, 2017 - 4:53 pm Closing Bell Story‎, Finance, Oil and Gas 360 Articles
Crude Oil Sees Inventory Draw, but in all the Wrong Places

Crude Oil Sees Inventory Draw, but in all the Wrong Places

Crude oil inventory draw beats expectations at 2.7 MMBO

Crude oil inventories shrank for the fourth week in a row, according to information released from the Energy Information Administration. The total amount of crude in storage declined 2.6 MMBO, 1.2 …

Oil Climbs on Weak Dollar Despite Inventory Build

Oil jumped almost 3% on Wednesday April 27 to close above $45.33 a barrel for the first time since November 4, 2015, reaching new highs for 2016 amid mixed signs from the U.S. oil market and U.S. Federal Reserve. The …

Will Weak Oil Prices Push Fed Back to Zero?

Will Weak Oil Prices Push Fed Back to Zero?

First Lift Off in the History of U.S. Monetary Policy

(Editor’s Note: Art Hogan, Wunderlich Securities, Inc. Director of Research & Chief Market Strategist, offered the following commentary about the Fed’s move this week to raise interest rates.)

Seven …

December 18, 2015 - 6:44 pm Analytics, Closing Bell Story‎, Oil and Gas 360 Articles
Fed Maintains Rates in a 9-1 Vote

Fed Maintains Rates in a 9-1 Vote

The Federal Reserve decided to stand pat following its two-day October meeting

The U.S. Federal Reserve today decided to maintain rates near zero, leaving them unchanged since 2008. The Fed did announce that it is open to raising rates at …

October 28, 2015 - 5:15 pm Commodity Pricing, Oil and Gas 360 Articles
The Ruble in Flux

The Ruble in Flux

Russia at risk of a Fed rate-raise – Moody’s

A report from Moody’s Investors Service named Russia among four emerging markets most at risk from a potential increase in the U.S. interest rate, news that sent the ruble falling in …

September 18, 2015 - 12:40 pm Finance, International, Oil and Gas 360 Articles
Fed Maintains Rates

Fed Maintains Rates

International concerns and low inflation leave Fed stance unchanged

Speculation continues to grow on when the Federal Reserve will raise its key interest rates as a release from today’s Federal Open Market Committee (FOMC) meeting indicated that rates would remain …

September 17, 2015 - 6:37 pm Oil and Gas 360 Articles
Two Fed Rate Hikes Possible Before 2016

Two Fed Rate Hikes Possible Before 2016

Final Fed meeting will set stage for expected rate hike

Many have been waiting and guessing at when the U.S. Federal Reserve will finally raise rates after maintaining them at 0.00% to 0.25% since 2008. Most analysts expect the move …

July 28, 2015 - 6:35 pm Oil and Gas 360 Articles
When Will the Fed Raise Rates?

When Will the Fed Raise Rates?

September More Likely than June: Economists

The most recent meeting of the Federal Open Market Committee (FOMC) indicates that the Federal Reserve will likely continue with its policy of

maintaining rates near 0%. Many of those present at the meeting …

May 21, 2015 - 5:24 pm Finance, Oil and Gas 360 Articles
Brookings Study Finds Multiple Benefits from Immediately Lifting U.S. Crude Export Ban

Brookings Study Finds Multiple Benefits from Immediately Lifting U.S. Crude Export Ban

The Brookings Institute released a study last week comparing the effects of immediate lifting of the U.S. crude oil export ban vs. delaying till 2020.

The study data showed a positive uptick for the GDP in all cases, a 0.14 …

September 15, 2014 - 6:56 pm Oil and Gas 360 Articles, Oilfield Services, OPEC
Federal Reserve Keeps Credit Ratings, Economy in Limbo as Oil & Gas Pushes Onward

Federal Reserve Keeps Credit Ratings, Economy in Limbo as Oil & Gas Pushes Onward

March Madness may be recognized as the most exhilarating tournament in sports, but spectators simultaneously viewing the stock market with the Federal Reserve news conference on March 19, 2014, were treated to a roller coaster ride of their own. The …

Bleak Unemployment Numbers Worry Economists

The Federal Reserve (Fed) announced the addition of 169,000 jobs in its August 2013 report, and said the 7.3% unemployment rate is the lowest in five years. More than 300,000 jobs were added since June 2013. Average hourly earnings rose …

September 9, 2013 - 3:23 pm Oil and Gas 360 Articles