US EIA Refinery Crude Runs Change (Apr/17) -0.055M
The decline in refinery crude runs by 55,000 barrels per day suggests weaker refining activity, which could impact supply dynamics in the energy market.
Iran reportedly has no plans to negotiate with the US on Friday, according to Tasnim
US Attorney Pirro says Fed investigation continues, appealing the decision of Judge Boasberg
US EIA Refinery Crude Runs Change (Apr/17) -0.055M
[Reuters withdraws report, says sources were wrong] Trump reportedly willing to give Iran another 3-5 days for ceasefire, Reuters reports citing sources
US Treasury Secretary Bessent says he think Iran conflict will end, and gas prices will drop; gas prices may even get lower than pre-war
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This dip may signal reduced gasoline production, aligning with seasonal patterns but also potentially affecting price levels for WTI and Brent as supply adjustments are made. Traders should watch for any related shifts in inventory reports and broader impacts on energy prices.
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