by Bill McBride on 3/05/2017 07:03:00 PM
Sunday, March 05, 2017
• Schedule for Week of Mar 5, 2017
From CNBC: Pre-Market Data and Bloomberg futures: S&P futures are down 8, and DOW futures are down 68 (fair value).
Oil prices were down slightly over the last week with WTI futures at $53.24 per barrel and Brent at $55.90 per barrel. A year ago, WTI was at $36, and Brent was at $38 - so oil prices are up almost 50% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.31 per gallon - a year ago prices were at $1.82 per gallon - so gasoline prices are up about 50 cents a gallon year-over-year.