Today’s Issue Cluster: Oil
US – May: JOLTS Job Openings decreased; 5.5m from 5.8m / cr
US – May: Wholesale inventories rise slightly; +0.1% from +0.7% / R
US – Jun: NFIB Small Business Index Increased; 94.5 from 93.8 / cr
NIRP – Dragging Down Yields Everywhere WSJ *
NIRP – Negative Rates Alone Struggle to Lift Growth WSJ *
Cigs – China tobacco sales fall for first time in two decades FT *
Cigs – China tries to curb tobacco, which it also peddles E *
Cigs – The global state of smoking in 5 charts / wb *
Delivery – Drone Regulators Struggle to Keep Up WSJ *
Delivery – Amazon isn’t planning to supplant FedEx or UPS anytime soon WSJ
Delivery – Same-Day Service Deliv to Get Funding Boost From UPS WSJ
Oil – US: Falling Output Not Enticing Enough for Wary Investors B / FT *
Oil – US: Lost Generation of Workers Leaves Few Options B * *
Oil – US: Revving Up Oil Fields Won’t Be So Easily Done WSJ *
Oil – US: Underwater Well Bolts Are Failing, Causing Alarm WSJ *
Oil – US: Production falls below 9mbpd / t *
Oil – US: Trader Profits From Growing Exports B *
Oil – US: Rally Threatened as Gasoline Swamps Demand B *
Oil – US: Refiner margins tank R / b *
Oil – US: Producers Threatening to Boost Output Yet Again B * *
Oil – US: Shale’s Achilles heel shows signs of mending R / R * *
Oil – US: Exports Rise to Record / b *
Oil – US: Reserves surpass those of Saudi Arabia and Russia FT / B *
Oil – Market: Return of Contango Indicates Bumpy Recovery B *
Oil – Market: Brexit May Stem Recovery, Banks Say WSJ *
Oil – Market: IEA warns of reliance on MENA supplies FT
Oil – Market: Top Trader Says Prices Won’t Rise Much Further B *
Oil – Market: $45b of New Projects Signals Spending Revival B *
Oil – Canada: Sands Industry Girds for Leaner Times WSJ *
Oil – Libya: Merger removes obstacle for government unification FT / B *
Oil – Kazakhstan: Expansion could add a Libya of new supply B / WSJ / FT / NYT *
Oil – Nigeria: Gains Lead Opec Production Rise B
Oil – India: Cutting Deals Worldwide BW
Oil – China: Almost Done Amassing Crude B *
Oil – China: Robust imports mask changing fuel dynamics R *
US presidential election results by party metrocosm *o
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