‘Biggest Change in Oil Market History’ Less Than Six Months Away

“On January 1, 2020, the International Maritime Organization (IMO) will enforce new emissions standards designed to significantly curb pollution produced by the world’s ships,” CNBC reports .

“It is the biggest change in oil market history,” according to Steve Sawyer, senio...

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Oil and Gas Activity Flat, Outlook Turns Negative

Energy sector activity was flat in the second quarter after three years of growth, according to the Federal Reserve Bank of Dallas Energy Survey.

“Results from this quarter’s survey indicate a further slowdown in the oil and gas sector, with employment and business activity essentially unch...

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Small Business Optimism Reverses Last Month’s Gain

Optimism faded modestly in June, with the Small Business Optimism Index slipping 1.7 points to 103.3, reversing the gain posted in May but still leaving optimism at historically high levels. The main driver came from the inventory sector, with owners marking existing stocks as very “lean” ...

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Machine Tool Orders Post Modest Gains in May

U.S. manufacturing technology orders rose to $378.4 million in May, an increase of 7.3% over the previous month. Orders for metal cutting technologies grew 4.5% while forming and fabricating technologies increased 64.8% over the previous month and 117% over May 2018.

Despite the modest uptick in total ...

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