Refined product contracts were mixed near midday, with the NYMEX December ULSD contract flat at $2.496/gal and January ULSD up 0.3ct to $2.44/gal. The December RBOB contract was off by 1.45ct to $1.951/gal and the January RBOB contract was 0.5ct lower at $1.894/gal.

The housing market is seeing weakened sales activity, but that doesn’t necessarily mean buyers aren’t biting at all

The driving force behind this week’s stock selloff might be concerns about tech valuations, but Friday’s dour consumer confidence data has certainly not helped. Not only did the University of Michigan

The possibility of Fed rate cut in December has increased sharply. This is because the consumer confidence in the United States has dropped towards the

Consumer confidence in October slid for a third consecutive month, hitting its lowest level since April when President Trump’s tariff announcements sent shock waves through the economy.

“Consumer confidence moved sideways in October, only declining slightly from its upwardly revised September level,” said Stephanie Guichard, senior economist, Global Indicators at The Conference Board. “Changes to the individual subcomponents were also limited and largely cancelled each other out.

UF researchers report Florida’s consumer sentiment fell for a fourth month in October, reflecting weaker views on finances and the national economy.

Morale amongst Italian businesses held steady around recent lows in April but consumer confidence declined further, data showed on Thursday, as the economy slows and uncertainty increases over the war in Ukraine.