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• ☕️What Else is Brewing Wednesday Morning
  The Brown University shooter is still at large. Four...
  The Brown University shooter is still at large. Four days after a gunman killed two students and injured nine others in a lecture hall at the Ivy League school, the suspect remains at large, according to police. Yesterday, the FBI released new, enhanced video of a masked person of interest and asked for it to be shared widely, offering a $50,000 reward for information leading to the arrest and conviction of the shooter. Providence Police Chief Oscar L. Perez Jr. said the department has received hundreds of tips. He also directed the public to study the person of interest’s posture and body movements in order to identify him. Officials had detained a man in connection with the shooting and later cleared and released him, but not before his name leaked to the press.
  
  Warner Bros. Discovery is planning to reject Paramount’s hostile takeover bid over concerns with financing, Bloomberg reported. The outlet also said that Jared Kushner’s private equity firm, Affinity Partners, is withdrawing from Paramount’s bid.
  
  House Speaker Mike Johnson blocked a vote to extend Affordable Care Act tax credits, all but guaranteeing that premiums will increase for millions of Americans next year.
  
  FIFA is slashing some 2026 World Cup ticket prices to $60 after widespread backlash from fans.
  
  OpenAI released an update to ChatGPT that it says makes the chatbot better at generating images.
  
  Frontier Airlines replaced its longtime CEO, Barry Biffle, with its president as the low-budget airline struggles to stay profitable.
  
  Howard Stern renewed his deal with SiriusXM for another three years, months after the radio host pranked fans by saying that Andy Cohen would be taking over his show.
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• DAILY OIL PRICE: December 16, 2025
  Crude Oil: 55.27   (-1.55)....
  
  
  • Crude Oil: 55.27   (-1.55).
  
  
  • Nymex MTD AVG: 58.4013.
  
  
  • Natural Gas: 3.886   (-0.126).
  
  
  • Gasoline: 1.6809   (-0.0514).
  
  
  • Spreads: January/February (+0.14)     February/March (+0.08).
  
  
  • Plains WTI Posting: 51.75   (-1.55).
  
  

  
  Source: Odessa American
  
  
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• Dow closes 300 points lower as weak November jobs report weighs on stocks
  U.S. stocks finished mostly lower on Tuesday after the...

  U.S. stocks finished mostly lower on Tuesday after the November jobs report showed stronger employment growth but a higher-than-expected unemployment rate.

  
  

  Meanwhile, a sharp decline in oil prices also weighed on stocks amid hopes for a potential peace deal to end the Russia-Ukraine conflict.

  
  

  The Dow Jones Industrial Average lost over 300 points, or 0.6%, to end near 48,114, according to FactSet data. The blue-chip index has fallen for three consecutive trading days.

  
  

  The S&P 500 fell 0.2% to finish at around 6,800.

  
  

  The Nasdaq Composite rose 0.2%, ending near 23,111.

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• From X.com: Are Oil Prices Headed Even Lower?
  Since June 13th the 2026 WTI strip has...

  
  

  Since June 13th the 2026 WTI strip has fallen from $64.58 to now $56.60, a level that works for no one. Much lower from here and I'd be tempted to unwind hedges and get maximally exposed to 2H'26. pic.twitter.com/YZsPPWKuWE

  
  — Eric Nuttall (@ericnuttall) December 15, 2025

  
  
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• Tanker shortage prompts empty crude voyages
  The global oil market is experiencing an acute shortage of oil tankers,...
  The global oil market is experiencing an acute shortage of oil tankers, forcing newly built supertankers to embark on their maiden voyages empty to pick up crude oil. This deviation from standard practice, in which vessels typically carry refined fuels first, has resulted from a surge in oil output and disruptions to traditional shipping routes caused by Western sanctions and geopolitical risks. The supply crunch has also drawn smaller tankers into the crude trade, driving up tanker rates significantly.
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