91��Ƶ

The preliminary April sentiment index slumped to 47.6 from 53.3 in March, according to the University of Michigan data out April 10.

Analysts say resumption of prewar levels by July “might introduce $15- to $20-a-barrel upside risk to prices.” 

Crude shipments for April are already inching toward about 4.9 million barrels a day based on current loadings, up from 3.97 million barrels a day in March.

Consumer prices rose 3.3% in March from a year earlier, the Labor Department said April 10. On a monthly basis, prices rose 0.9% in March from February.

Brent crude oil, the international standard, fell 0.5% to $95.47 on April 10.

Every twist in the Iran war shows up almost instantly in a $65 million exchange-traded fund that most investors have never heard of.

Just seven ships, all with a prior link to Iran, were observed making the voyage out of the Persian Gulf. Normal transits in both directions are more like 135 a day.

Benchmark U.S. crude was 6.8% higher on April 9 at $100.79 a barrel. Brent crude, the international standard, rose 3.7% to $98.24 per barrel.

Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the U.S.-Iran ceasefire deal.

Some 605 public, high-speed EV fueling stations switched on in the first quarter, a 34% increase over the year-earlier period.