Production

Brent Oil Faces Headwinds in 2014
Commodities

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In reviewing the EIA weekly petroleum report, the oil imports figure came in at 6.889 (Million Barrels per Day) for the week ending 01/10/14. This number compared to a year ago 8.030 (Million Barrels per Day) puts a nice cap on the downtrend which really started gaining steam in 2010 onward.

Breaking News - Industrial Production
Stocks

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Industrial Production weakens

A Deeper Look Into the ISM Manufacturing Report
Commodities

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The ISM Manufacturing Index climbed in April to a level of 54.8 from 53.4 March, beating analysis expectations. In fact expectations were for decline to 53.0 levels. While the Price Paid Index held at 61.0 for the month.