Retail Sales Down, Producer Prices Up: “the government said retail sales slowed in April as consumers cut back on car and clothing purchases. But economists had expected the slowdown, given a big jump in March sales.

Rising global demand, particularly from China, has fueled the oil market’s rise. But so too have concerns in the United States that difficult-to-manufacture clean-burning gasoline blends are likely to be in short supply this summer, and at higher prices.”

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.