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• DAILY OIL PRICE: September 3, 2025
  Crude Oil: 63.97   (-1.62)....
  
  
  • Crude Oil: 63.97   (-1.62).
  
  
  • Nymex MTD AVG: 64.5233.
  
  
  • Natural Gas: 3.064   (+0.055).
  
  
  • Gasoline: 2.0120   (-0.308).
  
  
  • Spreads: October/November (+0.40)     November/December (+0.33).
  
  
  • Plains WTI Posting: 60.45   (-1.62).
  
  

  
  From the Odessa American
  
  
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• Nasdaq, S&P 500 end higher on Big Tech rally, while Dow lags and closes lower
  Stocks ended mostly higher Wednesday, with the tech-heavy...

  Stocks ended mostly higher Wednesday, with the tech-heavy Nasdaq Composite scoring a strong gain and the S&P 500 buoyed by a big gain for Google parent Alphabet Inc., which avoided the worst-case antitrust remedies for its actions in the search market.

  
  

  The Dow Jones Industrial Average lagged, however, falling 24.58 points, or less than 0.1%, to close at 45,271.23, for its third straight loss.

  
  

  Alphabet shares ended 9% higher. Apple Inc. shares were also lifted, finishing with a gain of 3.8%. Under a revenue-sharing agreement, Google pays Apple an estimated $20 billion annually to make Google Search the default engine on its devices.

  
  

  A Job Openings and Labor Turnover Survey that showed a smaller-than-expected number of openings and showed the number of unemployed Americans exceeding the number of open positions for the first time since 2021 further solidified expectations the Federal Reserve will cut rates Sept. 17. It also provided some support for equities while putting pressure on long-term Treasury yields.

  
  

  Important data lies ahead, however, including ADP's take on private-sector payrolls for August on Thursday and the official jobs report due on Friday.

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• U.S. LNG exports reach record in August
  US liquefied natural gas exports reached a record 10.28 million short...
  US liquefied natural gas exports reached a record 10.28 million short tons in August, driven by increased output from Venture Global's Plaquemines facility and the completion of maintenance at other plants. Europe remained the primary destination, receiving 66% of the exports, while exports to Latin America declined due to higher production from Trinidad and Tobago.
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• Prices dip as OPEC+ weighs faster supply increases
  Oil prices slipped nearly 2% Wednesday as traders anticipated an OPEC+...
  Oil prices slipped nearly 2% Wednesday as traders anticipated an OPEC+ meeting that may accelerate the unwinding of production cuts. Despite prior pledges to raise quotas, actual output has lagged due to member constraints, while US sanctions and falling crude inventories offered limited support. Weak economic signals and trade pressures further weighed on demand outlook.
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• President Trump said he would ask Supreme Court for expedited tariff ruling
  Yesterday at the White House, Trump told reporters that his administration...
  Yesterday at the White House, Trump told reporters that his administration would be asking the Supreme Court for an “expedited ruling” as soon as today regarding last week’s finding by an appeals court that said most of the tariffs implemented by the Trump admin this year are illegal. The appeals court delayed its own ruling from taking effect until Oct. 14 so that the Supreme Court could weigh in and potentially overturn its decision. “If you take away tariffs, we could end up being a third-world country,” Trump said.
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