Washington may need distinct mechanisms for Canada and Mexico due to differing trade imbalances, labor-market dynamics, says US trade talks chiefApril 07, 2026
Record signals acute physical supply squeeze as Hormuz disruption drives scramble for cargoes, with refiners bidding aggressively for limited barrels, Bloomberg reportsApril 07, 2026
Energy Information Administration says output losses from Iraq, Saudi Arabia, Kuwait, UAE, Qatar, Bahrain rose to 7.5 million bpd in March
- US crude production seen averaging 13.6 million bpd in 2026 and 13.8 million bpd in 2027April 07, 2026