Key Currency Exchange Rates for Friday, 4/5/24

I can count on one hand the number of designers whose work I’ve fallen in love with based purely on their business card: Chad Michael is at the top of that list. Its devilishly intricate foil details and grinning skull-like grail are more in keeping with some mythical talisman than a simple calling card. It is precisely this mix of thoughtful sophistication and otherworldly iconography that makes Chad’s work seem both fresh and new, as well as gloriously historic. His bold choice of typography only enhances this feeling.

National Average Price for Regular Unleaded Current: $3.537; Month Ago: $3.553; Year Ago: $4.752. National Average Price for Diesel Current: $3.847; Month Ago: $3.917; Year Ago: $5.698.

Futures were 0.4 percent lower in New York after falling 4.2 percent the previous three sessions. U.S. production had its biggest weekly gain since the end of June, climbing to the highest level since July 2015, according to Energy Information Administration data Wednesday. The increase offset the price impact of an 8.95-million-barrel decline in crude stockpiles, the biggest drop since September. U.S. crude output rose by 79,000 barrels a day last week to 9.5 million a day, the EIA reported. Crude stockpiles at Cushing, Oklahoma, the delivery point for WTI and the biggest U.S. oil-storage hub, expanded a second week to 57 million barrels. Gasoline inventories climbed by 22,000 barrels to 231 million. Click Read More below for additional detail.