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Canada's chief U.S. trade negotiator: Canada is working very hard to update the U.S.-Mexico-Canada Agreement.
U.S. refined product imports for the week ending April 17 were -0.6 million barrels per day, compared to 70,000 barrels per day in the previous week.
U.S. crude oil imports for the week ending April 17 were down 243,000 barrels, compared to a previous week's down 336,000 barrels.
U.S. heating oil inventories fell by 530,000 barrels in the week ending April 17, compared with a previous week's decrease of 228,000 barrels.
U.S. API crude oil production for the week ending April 17 was down 240,000 barrels per day, compared to a previous week's down 145,000 barrels per day.
U.S. crude oil inventories at Cushing, Oklahoma, were 678,000 barrels for the week ending April 17, compared with a previous week's decrease of 1.684 million barrels.
U.S. API distillate fuel inventories fell by 4.59 million barrels in the week ending April 17, compared with an expected decrease of 2.5 million barrels and a previous decrease of 3.363 million barrels.
U.S. gasoline inventories fell by 5.165 million barrels in the week ending April 17, compared with an expected decrease of 1.333 million barrels and a previous decrease of 626,000 barrels.
U.S. crude oil inventories fell by 4.47 million barrels in the week ending April 17, compared with an expected decrease of 1.8 million barrels and a previous week's figure of 6.101 million barrels.
Meta Platforms (META.O): Launches $1 billion data center construction project in Tulsa, USA. The Tulsa data center project includes more than $25 million in local infrastructure improvements; the data center is expected to support more than 1,000 construction jobs at peak times and create approximately 100 operations jobs upon completion.
S&P 500 futures recovered some of their losses, currently down 0.3%, after US President Trump said he would extend the ceasefire agreement between the US and Iran.
The API crude oil inventory data for the week ending April 17 will be released in ten minutes.
Both WTI and Brent crude oil prices briefly fell by $4 before rebounding, and are currently trading at $92.6/barrel and $94.8/barrel respectively.
US President Trump: We have been asked to suspend attacks on Iran. Therefore, the ceasefire will be extended until their proposal is submitted and discussions conclude, regardless of the outcome.
The Central Bank of Uruguay kept its benchmark interest rate unchanged at 5.75%.
The Dow Jones Industrial Average closed down 293.18 points, or 0.59%, at 49,149.38 on Tuesday, April 21; the S&P 500 closed down 45.14 points, or 0.63%, at 7,064.00; and the Nasdaq Composite closed down 144.43 points, or 0.59%, at 24,259.96 on Tuesday, April 21.
U.S. stocks closed lower on Tuesday, with the Dow Jones Industrial Average down 0.59%, the Nasdaq Composite down 0.59%, and the S&P 500 down 0.63%. Most popular tech stocks declined, with Apple falling more than 2%, and Nvidia, Google, and Tesla all falling more than 1%.
Both WTI and Brent crude oil prices rose by 6% following reports that Iran would not attend talks in Pakistan on Wednesday.
The Bill & Melinda Gates Foundation will lay off up to 500 people over the next few years, representing about 20% of its total workforce.
On April 22, according to Iran's Mehr News Agency, on April 21 local time, Mousavi, commander of the Aerospace Force of the Islamic Revolutionary Guard Corps, stated that if the enemy makes another mistake and launches an attack on Iran during the ceasefire, then this time, wherever the Iranian people point, will become a target of Iran's strikes. Mousavi also stated that Iran's southern neighbors should understand that if their territory and facilities are provided to the United States for attacks against the Iranian people, then they must be prepared to completely sever ties with oil production in the Middle East.
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54