U.S. Fuel Import Prices Drop The Most On Record

U.S. import prices declined in April by the biggest monthly drop in more than five years, as fuel import prices slumped by the most since records began in 1992, the U.S. Bureau of Labor Statistics said on Thursday.   U.S. import prices fell by 2.6 percent in April, after a 2.4-percent drop in March, with both monthly declines led by falling fuel prices, the BLS said. In March and April, crude oil prices slumped by 60 percent from their recent highs in January after the previous OPEC+ pact fell apart in early March and Saudi Arabia waged an…