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• Baker Hughes: US oil rig count down by 8 to 406
  The number of oil rigs in the United States stood at...
  The number of oil rigs in the United States stood at 406 in the week ending December 19, dipping by eight from the previous week, according to the Baker Hughes weekly rig count released on Friday. The rig count fell by 77 on an annual basis.
  
  The US gas rig count remained unchanged at 127 in the reported week, and increased by 25 compared to the same period last year. The total number of rigs in the country currently stands at 542, down by six from last week and slipping by 47 from the previous year.
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• DAILY OIL PRICE: December 19, 2025
  Crude Oil: 56.66   (+0.51)....
  
  
  • Crude Oil: 56.66   (+0.51).
  
  
  • Nymex MTD AVG: 57.9281.
  
  
  • Natural Gas: 3.984   (+0.076).
  
  
  • Gasoline: 1.7082   (+0.0069).
  
  
  • Spreads: January/February (+0.14)     February/March (+0.16).
  
  
  • Plains WTI Posting: 53.14   (+0.51).
  
  

  
  Source: Odessa American
  
  
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• Stock Market Closing Report - Friday, December 19, 2025
  U.S. stocks rallied on Friday to cap a volatile week,...

  U.S. stocks rallied on Friday to cap a volatile week, with technology stocks rebounding strongly as the AI trade showed renewed signs of life following positive developments for Oracle and Nvidia.

  
  

  S&P 500: rose 0.88% to end the day at 6,834.50

  
  

  Nasdaq Composite: gained 1.31% to 23,307.62

  
  

  Dow Jones Industrial Average: climbed 183.04 points, or 0.38%, to reach 48,134.89

  
  

  Weekly Performance: With the late-week rebound, the S&P 500 and Nasdaq booked weekly wins, rising 0.1% and 0.4%, respectively, in the last full week of trading in 2025 as Wall Street tries for a "Santa Claus rally" to end the year. The Dow fell 0.6% on the week.

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• Natural Gas Storage Report
  Net withdrawals from storage totaled 167 Bcf for the week ending December...
  Net withdrawals from storage totaled 167 Bcf for the week ending December 12, compared with the five-year (2020–24) average net withdrawals of 96 Bcf and last year's net withdrawals of 134 Bcf during the same week. Working natural gas stocks totaled 3,579 Bcf, which is 32 Bcf (1%) above the five-year average and 61 Bcf (2%) below last year at this time. Current inventories in the East and Midwest natural gas storage regions are about 5% under the five-year average.
  
  Henry Hub spot price: The Henry Hub spot price fell about 20% during the past week, or down 94 cents from $4.61 per million British thermal units (MMBtu) last Wednesday to $3.67/MMBtu this Wednesday.
  
  Henry Hub futures price: The price of the January 2026 NYMEX contract decreased 57 cents, from $4.595/MMBtu last Wednesday to $4.024/MMBtu this Wednesday. The price of the 12-month strip averaging January 2026 through December 2026 futures contracts declined 31 cents to $3.764/MMBtu. Natural gas futures prices have been volatile in December.
  
  This Friday morning, at 9:00 AM ET,  natural gas futures prices were at $3.915/MMBtu.
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• Proposed Midwest-to-Calif. fuel pipeline gains traction
  Phillips 66 and Kinder Morgan's proposed Western Gateway pipeline, which...
  Phillips 66 and Kinder Morgan's proposed Western Gateway pipeline, which would move gasoline and other refined fuels from the Midwest to California, is attracting strong interest from potential shippers as its open season approaches a Friday deadline. Phillips 66 CEO Mark Lashier said the project has also won backing from federal officials and local stakeholders, including tribes along the route. The line would run from Illinois to California, largely following existing Kinder Morgan pipelines, with a new segment planned in New Mexico.
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