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The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.4 percent in December to 94.3 (2004 = 100), following a 0.2 percent increase in November and a 0.6 percent increase in October. This month’s data inaugurates a number of major changes to the components and calculation of the LEI.

China's apparent oil demand in December rose 0.7% year on year to 41.02 million metric ton (mt), or an average 9.69 million barrels per day (b/d), a Platts analysis of recent statistics released by the Chinese government showed.

In 2011, the number of nights spent in hotels and similar establishments in the EU27 reached a peak of 1.6 billion nights, up by 3.8% compared with 2010. The evolution of the number of nights spent in hotels in the EU27 showed alternating phases of growth and decline over the last decade. After a low point in 2003, the number of nights spent grew steadily for four successive years. In 2008 and 2009, the number of nights spent in the EU27 fell, but in 2010 began to recover from the crisis to reach a new record in 2011 for both nights spent by residents and by non-residents.