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American refiners are relying more heavily than ever on domestic shale oil, consuming the lightest blend of crude on record, Bloomberg writes. With supplies of heavier crude from Mexico declining and ...
Asian refiners have requested more term crude oil supplies loading in August and September from producers in the Middle East after spot premiums jumped, six trade sources said on Friday.
SPMO's Sweet Spot: Bull Euphoria And Tactical Momentum Jun. 18, 2025 10:56 PM ET Invesco S&P 500® Momentum ETF (SPMO) SPMO 5 Comments The Alpha Analyst 772 Follower s ...
Hedging activity was most concentrated for the remainder of 2025, with some reaching into 2026, said Vikas Dwivedi, Macquarie Group global energy strategist. “This is a gift to oil producers,” Dwivedi ...
Oil prices jumped. Brent crude futures rose 7%, to $74.23 a barrel. Stocks retreated. The S&P 500 dropped 1.1%, the Nasdaq Composite fell 1.3%, and the Dow industrials lost 1.8%, or 770 points.
Energy Secretary Chris Wright disputes the EIA’s forecast of a U.S. oil production decline in 2026, asserting that lower costs and resilient drilling will sustain output.
In a new report, the authority noted that onshore U.S. oil production had expanded threefold since 2010, driven by the shale boom, with that boom led by the Permian.
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