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U.S. Consumer Sentiment Slips Below 50 in April, Reuters/Ipsos PCSI Shows
The Thomson Reuters/Ipsos Primary Consumer Sentiment Index (PCSI) for the United States fell in April 2026, signaling a weakening in consumer confidence. The index declined to 49.95 in April from...
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US Crude Oil Inventories Rise More than Expected
US crude oil inventories increased by 3.1 million barrels to 464.7 million barrels in the week ended April 3, significantly above market expectations for a 701,000-barrel build. Stocks...
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Kenya Halts Rate-Cut Cycle
The Central Bank of Kenya left its benchmark interest rate unchanged at 8.75% on April 8, 2026, halting a cycle of ten consecutive cuts that began in August 2024. Governor...
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Heating Oil Crashes After Ceasefire
Heating oil futures tumbled roughly 14% to around $3.80 per gallon on Wednesday after a diplomatic breakthrough between the United States and Iran sharply reduced the geopolitical risk premium. Prices...
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Brazil Automotive Output Surges to 2019 Levels
Brazil’s auto production climbed 27.6% in March 2026 from February, surpassing 264,000 units and delivering the strongest monthly output since October 2019, before the Covid-19 pandemic. In the first quarter...
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Brazil Car Sales Spike 45.5% in March
New car sales in Brazil surged 45.5% in March 2026 compared with February, reaching 269,500 units and delivering the strongest March performance since 2013. The BYD Dolphin Mini 2026 became...
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U.S. Refinery Utilization Dip Moderates, Signaling Stabilizing Throughput
The latest U.S. refinery utilization data from the Energy Information Administration (EIA), updated on 8 April 2026, show a smaller week-over-week decline, suggesting a potential stabilization in refinery activity...
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U.S. Heating Oil Inventories Swing Back to Growth, Ending Drawdown Trend
U.S. heating oil stockpiles shifted back into positive territory, rising by 0.233 million barrels according to data updated on 08 April 2026. This marks a notable reversal from the previous...
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U.S. Gasoline Production Decline Deepens as Output Slips Further in Latest Data
Gasoline production in the United States continued to edge lower, with the latest figures showing a deeper contraction compared to the previous reading. According to data updated on 08 April...
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U.S. Distillate Fuel Production Edges Higher, Signals Slight Recovery in Output
United States distillate fuel production recorded a modest uptick, with the latest reading rising to 0.009 million from a previous level of 0.000 million, according to data updated...
