• Schedule for Week of November 25, 2018
• “Is a Recession Coming?”
• Oil Prices Down Year-over-year
• At 8:30 AM ET, Chicago Fed National Activity Index for October. This is a composite index of other data.
• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for November.
Oil prices were down sharply over the last week with WTI futures at $50.46 per barrel and Brent at $59.03 per barrel. A year ago, WTI was at $57, and Brent was at $64 – so WTI oil prices are down 15%, and Brent prices down about 10% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.54 per gallon. A year ago prices were at $2.50 per gallon, so gasoline prices are up 4 cents per gallon year-over-year.