- U.S. wholesale sales rose 0.7% in April
- U.S. inventories rose 0.4%.
- US mortgage applications fell 5.7% -- the lowest level in three years.
- Japan's machinery orders rose 4% in April
- The U.S. Department of Energy said:
Supplies of crude oil fell 1.8 million barrels to 361.4 million barrels.
Supplies of gasoline were unchanged
Gasoline demand fell 1.0%
Distillate demand rose 12.1%
Refinery use was at 89.1% of capacity
- The manufacturer of BP’s dispersant says that it can’t reveal the dispersants composition, because it is a trade secret —NO KIDDING
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