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• DAILY OIL PRICE: November 7, 2025
  Crude Oil: 59.75   (+0.32)....
  
  
  • Crude Oil: 59.75   (+0.32).
  
  
  • Nymex MTD AVG: 60.2056.
  
  
  • Natural Gas: 4.315   (-0.042).
  
  
  • Gasoline: 1.9403   (-0.0253).
  
  
  • Spreads: December/January (+0.13)     January/February (+0.15).
  
  
  • Plains WTI Posting: 56.23   (+0.32)
  
  

  
  Source: Odessa American
  
  
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• Dow ekes out gain as stocks end mostly higher and tech posts worst week since April
  The U.S. stock market closed mostly higher Friday, but...

  The U.S. stock market closed mostly higher Friday, but all three benchmarks saw weekly losses amid worries over stretched valuations as the technology sector struggled.

  
  

  The Dow Jones Industrial Average rose 0.2% while the S&P 500 increased 0.1% and the Nasdaq Composite retreated 0.2%, according to preliminary data from FactSet.

  
  

  U.S. stocks pared losses heading toward the closing bell on Friday, with the S&P 500 index eking out a gain despite Big Tech losses. The index’s tech sector fell for a fourth straight day on Friday to book its biggest weekly drop since April, according to FactSet data.

  
  

  For the week, the Dow fell 1.2%, the S&P 500 declined 1.6% and tech-heavy Nasdaq dropped 3%, according to the preliminary FactSet data.

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• Greece, US sign LNG deal to replace Russian gas
  Greece has signed a 20-year deal to import 0.7 billion cubic meters of...
  Greece has signed a 20-year deal to import 0.7 billion cubic meters of LNG annually from the United States starting in 2030, as part of efforts to replace Russian gas in Europe. The agreement involves Greek gas utility DEPA, energy company Aktor and US-based Venture Global, which is building an export facility in Louisiana. US officials emphasized at an Athens energy conference that they aim to substitute Russian gas with American energy, positioning Greece as a critical entry point for US LNG into Europe.
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• Cost pressures haven't slowed US LNG contracting surge
  US liquefied natural gas exporters locked in 32.5 million short tons...
  US liquefied natural gas exporters locked in 32.5 million short tons per year of binding contracts this year through October, four times last year's total and the second-highest volume on record, according to Rapidan Energy Group data. Developers including Sempra, Cheniere Energy and Next Decade have sanctioned projects that will expand US export capacity by 67.8 million short tons annually. A rapid build-out could flood the market later in the decade, but producers remains confident in long-term demand, even as rising construction costs and liquefaction fees threaten project viability.
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• Consumer sentiment near all-time low as fear of prolonged shutdown builds
  The mood among consumers darkened in November as the...

  The mood among consumers darkened in November as the government shutdown dragged on, according to the latest gauge released Friday.

  
  

  The University of Michigan said its gauge of consumer sentiment fell to 50.3 in a preliminary November reading from 53.6 in the prior month. That’s the lowest level since June 2022, which was the lowest level on record.

  
  

  Economists polled by the Wall Street Journal had expected sentiment would slip to 53.0 from 53.6 in October.

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