• Schedule for Week of Aug 7, 2016
• At 10:00 AM ET: The Fed will release the monthly Labor Market Conditions Index (LMCI).
Oil prices were up over the last week with WTI futures at $41.92 per barrel and Brent at $44.27 per barrel. A year ago, WTI was at $44, and Brent was at $48 – so prices are down less than 10% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.12 per gallon (down about $0.50 per gallon from a year ago).