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• AI may usher in new era for oil recovery
  AI could unlock an additional 1 trillion barrels of previously unrecoverable...
  AI could unlock an additional 1 trillion barrels of previously unrecoverable oil by improving efficiency and sharpening reservoir analysis, according to Wood Mackenzize. "The sky is the limit in terms of the production. The days of predicting peak oil are long gone," said American Petroleum Institute President and CEO Mike Sommers. However, analysts note AI may not meaningfully alter demand patterns or downstream emissions, even as it reshapes expectations for future supply.
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• API: US Crude Inventories Fall Further
  The American Petroleum Institute (API) estimated...

  The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large draw of 4.8 million barrels in the week ending December 5. Crude oil inventories shrank by 2.48 million barrels in the week prior.

  
  Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) have risen by 200,000 barrels to 411.9 million barrels in the week ending December 5 as the Trump Administration slowly works to replenish depleted stockpiles.
  
  US production stayed relatively flat during the week of November 28, rebounding just slightly from 13.814 million bpd in the week prior, to 13.815 million bpd in the current week, according to the latest EIA data. This is 252,000 bpd more than the beginning-of-the-year levels.
  
  Gasoline inventories saw a sizeable increase of 7 million barrels in the week ending December 5. In the week prior, gasoline inventories grew by 3.14 million barrels. As of last week, gasoline inventories were 2% below the five-year average for this time of year, according to the latest EIA data.
  
  Distillate inventories also rose in the reporting period, gaining 1 million barrels, compared to the week prior’s 2.88-million-barrel build. Distillate inventories were 7% below the five-year average as of the week ending November 28, the latest EIA data shows.
  
  Cushing inventory—the inventory kept at the delivery hub for the WTI Crude futures contract—dipped by 890,000 barrels, after falling by 89,000 barrels in the prior week.
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• ☕️What Else is Brewing Wednesday Morning
  CVS’s turnaround plan appears to be working. The...
  CVS’s turnaround plan appears to be working. The pharmacy giant raised its 2025 profit outlook for the fourth time and projected more growth in 2026 following CEO David Joyner’s efforts to lift the company out of a tumultuous period across the industry due to rising medical costs. CVS’s overhaul included cost cuts and exits from underperforming markets, CNBC reported. The moves have excited investors: CVS shares have skyrocketed more than 70% this year and were up ~3% yesterday.
  
  The border conflict between Cambodia and Thailand has escalated in recent days, killing a number of civilians and forcing tens of thousands to flee.
  
  PepsiCo is cutting prices and eliminating nearly 20% of its products as part of a deal with an activist investor.
  
  Stellantis said it will offer its tiny Fiat electric car in the US less than a week after President Trump called Japan’s small “kei” cars “really cute.”
  
  McCormick’s 2026 Flavor of the Year is black currant. Congrats, black currant.
  
  The Indianapolis Colts will sign 44-year-old retired quarterback Philip Rivers—a literal grandfather—to their practice squad after the team’s top three QBs were injured.
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• DAILY OIL PRICE: December 9, 2025
  Crude Oil: 58.25   (-0.63)....
  
  
  • Crude Oil: 58.25   (-0.63).
  
  
  • Nymex MTD AVG: 59.3278.
  
  
  • Natural Gas: 4.574   (-0.338).
  
  
  • Gasoline: 1.7897   (-0.0084).
  
  
  • Spreads: January/February (+0.17)     February/March (+0.12).
  
  
  • Plains WTI Posting: 54.73   (-0.63).
  
  

  
  Source: Odessa American
  
  
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• Stock Market Closing Report - Tuesday, December 9, 2025
  U.S....

  U.S. stocks ended mixed on Tuesday as investors took a cautious stance ahead of the Federal Reserve's final policy decision of the year, with markets largely in a holding pattern. Major Index Performance:

  
  S&P 500: closed just below the flatline (essentially flat)
  
  Nasdaq Composite: turned around from early losses to gain around 0.1%
  
  Dow Jones Industrial Average: declined 0.4%, dragged down by shares of JPMorgan
  
  Russell 2000: closed at an all-time high ahead of Wednesday's Fed rate decision
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