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Oil, Gas, And Fracking News Reads: 06February 2021

The natural gas storage report from the EIA for the week ending January 29th indicated that the amount of natural gas held in underground storage in the US fell by 192 billion cubic feet to 2,689 billion cubic feet by the end of the week, which left our gas supplies 41 billion cubic feet, or 1.5% higher than the 2,648 billion cubic feet that were in storage on January 29th of last year, and 198 billion cubic feet, or 7.9% above the five-year average of 2,491 billion cubic feet of natural gas that have been in storage as of the 29th of January in recent years..the 192 billion cubic feet that were drawn out of US natural gas storage this week was a bit less than the average forecast of a 195 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, but more than the 155 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and also more than the average withdrawal of 146 billion cubic feet of natural gas that h ....

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Coronavirus Disease Weekly News 07February 2021

Coronavirus Disease Weekly News 07February 2021
The news posted last week for the coronavirus 2019-nCoV (aka SARS-CoV-2), which produces COVID-19 disease, has been surveyed and some important articles are summarized here. The articles are more or less organized with general virus news and anecdotes first, then stories from around the US, followed by an increased number of items from other countries around the globe. Economic news related to COVID-19 is found here.
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Summary:
New US cases of Covid-19 this past week were down 23.9% from the prior week, and down 53.3% from the early January peak. Although the 7-day average of news cases is now the lowest since November 9th, it s also higher that every 7-day period before that date. ....

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Most Read Articles Last Week Ending 23January

Most Read Articles Last Week Ending 23January
GEI page read counts for each of the 500 most read articles on
Global Economic Intersection for the week 17 January through 23 January, inclusive. The top ten are listed after the
Read more jump.
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These are the top 10 most read articles according to Google including only articles published in the past three weeks. A list of older articles which would have made the list in place of some of the new articles follows below. The top 10 new articles: ....

Monetary Policy , Global Economic Intersection , Post Keynesian View Of Monetary , பண பாலிஸீ , உலகளாவிய பொருளாதார குறுக்குவெட்டு ,

29Jan2021 Pre-Market Commentary: Wall Street Expected To Open Marginally Lower, DOW Down 200 Points, Gold Futures Up 1.6% 1868, Silver Up At 27.47, WTI Crude At 52.68

US personal incomes increase 0.6% in December (SPY -0.4%). JNJ shares tumble after reporting vaccine effectiveness.
Here is the current market situation from CNN Money
European markets are mixed. The CAC 40 is higher by 0.93%, while the FTSE 100 is leading the DAX lower. They are down 1.63% and 1.18% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Biden Could Send Electric Vehicle Stocks Soaring
Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sectors favorite benchmark Global X Autonomous & Electric Vehicles ETF (DRIV) has climbed 75.3% over the past 12 months and is already up 13.6% YTD, managing to even outperform the red-hot biotech sector as the Covid-19 vaccine rollout gets underway. Incredibly, EV and clean energy have continued to post impressive growth numbers amid the ongoing pandemic. Indeed, the latest report by clean energy watchdog Bloomberg Ne ....

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Oil, Gas, And Fracking News Reads: 24January 2021

The natural gas storage report from the EIA for the week ending January 15th indicated that the amount of natural gas held in underground storage in the US fell by 187 billion cubic feet to 3,009 billion cubic feet by the end of the week, which left our gas supplies just 36 billion cubic feet, or 1.2% higher than the 3,045 billion cubic feet that were in storage on January 15th of last year, but still 198 billion cubic feet, or 7.0% above the five-year average of 2,811 billion cubic feet of natural gas that have been in storage as of the 15th of January in recent years..the 187 billion cubic feet that were drawn out of US natural gas storage this week was 10 billion cubic feet more than the average forecast of a 177 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, and way more than the 97 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, as well as more than the average withdrawal of 167 billion ....

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