All articles tagged with #record level
U.S. crude exports rose to a record 5.2 million barrels per day in April as Asian buyers reroute around Iran’s wartime disruptions, boosting traffic at the Port of Corpus Christi and making the Gulf Coast a global loading hub; analysts say capacity may cap growth while Middle East supply remains essential, with some refined-product exports also increasing to the Middle East.
Online Black Friday sales reached a record level of $9.8 billion, a 7.5% increase from the previous year, according to Adobe Analytics. The decline in online prices and strong discounts contributed to the surge in sales, with purchases of electronics, such as smartwatches, TVs, and audio equipment, leading the way. The popularity of Buy Now Pay Later programs also saw a 20% year-over-year increase, with projected usage of $782 million on Cyber Monday. Overall, online shoppers are expected to spend $37.1 billion during Cyber Week, a 5.4% increase from last year.