United States Industrial Production (MoM) below forecasts (0.1%) in March: Actual (-0.5%)

Apr 16, 2026

United States Capacity Utilization registered at 75.7%, below expectations (76.3%) in March

Oil: Futures discount tightening physical market – ING

ING’s Warren Patterson and Ewa Manthey note that Oil prices are drifting lower as markets price in a possible extension of the US–Iran ceasefire and renewed peace talks, even as physical supply tightens due to disrupted flows through the Strait of Hormuz.