AI Bias Analysis
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Oil prices fell Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.
Source
CNBC
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Refineries are expensive and time-consuming to build. The current spreads reflect the shortage of refining capacity and the end of the Iran crisis won’t change the pricing dynamic that quickly.
Diesel supplies sink to about a 20-year low as prices jump to $5.67 a gallon nationally — and it isn’t yet peak summer travel
Liz Ann Sonders, chief investment strategist at Charles Schwab, looks at the market takeaways from earnings and the performance of Mag Seven stocks this year and says the market “is fine” if interest rates stay where they are. (Source: Bloomberg)
