by Bill McBride on 2/12/2017 07:42:00 PM
Sunday, February 12, 2017
• Schedule for Week of Feb 12, 2017
From CNBC: Pre-Market Data and Bloomberg futures: S&P futures are up 2, and DOW futures are up 23 (fair value).
Oil prices were down over the last week with WTI futures at $53.74 per barrel and Brent at $56.56 per barrel. A year ago, WTI was at $29, and Brent was at $32 - so oil prices are up sharply year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.28 per gallon - a year ago prices were at $1.70 per gallon - so gasoline prices are up almost 60 cents a gallon year-over-year.