U.S. Monthly Economic Review – October 2017
Please click below to view U.S. Monthly Economic Review. USA Economic Review - October 2017 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
Gas Price Movement November 23, 2017
Brent Oil Brent oil prices rose by 3.19% (US$1.96), as prices declined this week. Oil traded on November 22, 2017 at a price of 63.32 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices declined week over week, by 1.51% (US$1.84 ). Additionally 90 Octane declined by 1.48% or $1.84 week over week. 87 Octane and 90 Octane opened the year at J$97.32 and J$98.98 respectively and now trades at J$119.68 and J$122.52 per litre. Figure 1: Petrojam, U.S. Gulf Coast Conventional Gasoline Regular and Brent Crude Oil 1 Year Price History
BPOW reports a 19% decline in six months net profit
Blue Power Group Limited (BPOW) for the six months ended October 31, 2017 booked a 12% increase in revenue to total $761.19 million compared to $667.67 million for the same period in 2016. Sales from the Lumber division climbed to $544.35 million, 16% higher than $468.68 million, while sales in the Soap division increased by 4% to close the period at $216.84 million relative to $208.99 million in 2016. Revenue for the quarter totalled $380.65 million, 12% above last year’s corresponding quarter of $338.97 million. The company outlined that, “export sales continued to outpace increases in the domestic market with