Wednesday, June 18, 2008

Quick Overview

  • Canada’s index of leading indicators rose 0.2%

  • Construction output in the Euro area fell 0.8% in April and down 2.4% YoY

  • The U.S. DOE said:
    Supplies of crude oil fell 1.2 million barrels to 301.0 million barrels.
    Supplies of gasoline fell 1.2 million barrels
    Supplies of heating oil rose 1.4 million barrels.
    Refinery use improved from 88.6% to 89.3
    Gasoline demand was down 1.8%
    Distillate demand was down 0.4%.

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