by Calculated Risk on 6/06/2021 07:58:00 PM
o Schedule for Week of June 6, 2021
o No major economic releases scheduled.
Oil prices were up over the last week with WTI futures at $69.66 per barrel and Brent at $71.89 per barrel. A year ago, WTI was at $39, and Brent was at $41 – so WTI oil prices are UP almost 75% year-over-year (oil prices collapsed at the beginning of the pandemic).
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.05 per gallon. A year ago prices were at $2.02 per gallon, so gasoline prices are up $1.03 per gallon year-over-year.