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Sunday, November 10, 2013

Sunday Night Futures: Gasoline Prices declines to $3.20 per Gallon

by Calculated Risk on 11/10/2013 09:33:00 PM

Monday:
• Government offices, banks and the bond market will be closed in observance of the Veteran's Day holiday. Stock markets will be open.

Weekend:
Schedule for Week of November 10th

Update: Four Charts to Track Timing for QE3 Tapering

State and local government austerity is over

The Nikkei is up about 1.3%.

From CNBC: Pre-Market Data and Bloomberg futures: the S&P futures are flat and DOW futures are down slightly (fair value).

Oil prices are mostly unchanged with WTI futures at $94.63 per barrel and Brent at $105.12 per barrel.

Below is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices have fallen to $3.20 per gallon.  If you click on "show crude oil prices", the graph displays oil prices for WTI, not Brent; gasoline prices in most of the U.S. are impacted more by Brent prices.



Orange County Historical Gas Price Charts Provided by GasBuddy.com