Anthony Harrup

Mexico City

Reporter at The Wall Street Journal

Opinions subject to change. Journalist at WSJ/Dow Jones Newswires.

Articles

Dow, Nasdaq, S&P 500 Slide; Israel Attacks Iran, Drones; Oil Prices Jump; Exxon, Chevron, Tesla, Lockheed Martin and More Movers

2 weeks ago | barrons.com | Connor Smith |Anthony Harrup |Kirk Maltais |Karishma Vanjani

After Israel launched attacks on Iran’s nuclear infrastructure and Iranian personnel, Iran retaliated by firing missiles at Israel later in the trading session. Secretary of State Marco Rubio said the U.S. was not involved in Israel’s strikes, but President Donald Trump said Iran should have made a deal with the U.S. in the 60-day span he offered. “Today is day 61. I told them what to do, but they just couldn’t get there. Now they have, perhaps, a second chance!” Trump said on Truth Social.
Dow Closes Flat; S&P 500 and Nasdaq Fall; Inflation Cooler Than Expected; China Trade; Tesla, Cleveland-Cliffs and More Movers

2 weeks ago | barrons.com | Connor Smith |Anthony Harrup |Kirk Maltais |Giulia Petroni

The market couldn’t hold onto earlier gains on Wednesday as Wall Street took stock of the latest inflation reading and a trade pact with China. The S&P 500 dropped 0.3% to snap its three-day winning streak. The Nasdaq Composite dropped 0.5%. The Dow Jones Industrial Average was pretty much flat. The stock market was poised for gains for much of the day but repeatedly lost steam.
U.S. Crude-Oil Stockpiles Down More Than Expected

2 weeks ago | wsj.com | Anthony Harrup

U.S. crude-oil inventories fell last week by 3.6 million barrels, surpassing an expected decline of 1.6 million-barrelsU.S. crude-oil inventories fell more than expected last week in a third consecutive decline as refineries increased their capacity use, according to data released Wednesday by the U.S. Energy Information Administration.
EIA Sees Lower U.S. Crude-Oil Production as Drilling Slows

2 weeks ago | tradingview.com | Anthony Harrup

EIA Sees Lower U.S. Crude-Oil Production as Drilling SlowsU.S. crude-oil production is likely to decline over the next 18 months as producers cut back on drilling activity in response to lower oil prices, the U.S. Energy Information Administration said Tuesday. In its monthly Short Term Energy Outlook, the EIA said it expects U.S. crude- oil output will slip to 13.3 million barrels a day in the fourth quarter of 2026 from a record 13.5 million barrels a day in the second quarter of this year.
U.S. Crude Oil Stockpiles Seen Down for Third Week

2 weeks ago | tradingview.com | Anthony Harrup

U.S. Crude Oil Stockpiles Seen Down for Third WeekU.S. crude oil inventories likely fell for a third week in a row with increased refinery runs contributing to builds in product stocks, according to a survey by The Wall Street Journal. Commercial crude oil stocks are seen falling by 1.6 million barrels to 434.5 million barrels for the week ended June 6, according to the average estimate of 10 analysts and traders. Three expect an increase in stocks and seven predict a decline.
Mexico’s Pemex to Trim Costs With Restructuring-Related Job Cuts

3 weeks ago | wsj.com | Anthony Harrup

The Mexican state-owned oil company said it aims to channel more resources to operating activitiesMEXICO CITY–Mexican state-owned oil company Petroleos Mexicanos said it expects to save around $185 million in administrative costs this year with layoffs of non-union staff as part of the company’s restructuring into a vertically integrated company following changes in Mexican laws.
U.S. Crude Oil Stockpiles Fall More Than Expected

3 weeks ago | tradingview.com | Anthony Harrup

U.S. Crude Oil Stockpiles Fall More Than ExpectedU.S. crude oil inventories fell more than expected last week, and product stocks saw large builds as refineries raised their capacity use at the start of the summer driving season, according to data released Wednesday by the U.S. Energy Information Administration.
Stock Market News From June 4, 2025: Dow Falls; S&P 500 Flat; Nasdaq Rises; Trump Blames Powell After Weak ADP Jobs Report; China Trade Talks; Dollar Tree Earnings; Nvidia, Tesla, Wells Fargo, More Movers

3 weeks ago | barrons.com | Connor Smith |Anthony Harrup |Kirk Maltais |Ed Frankl

Oil futures give back some of this week's gains in a volatile session. The 4.3 million barrel drawdown in U.S. crude inventories was offset by bigger-than-expected increases in gasoline and diesel stocks. Aramco cut its official July selling price to Asia by 20 cents a barrel, but raised prices for Europe and the U.S., while a report that Saudi Arabia favors further large monthly OPEC+ output increases after July added downward pressure on oil.
Analysts See Weekly Decline in U.S. Crude Oil Inventories

3 weeks ago | tradingview.com | Anthony Harrup

Analysts See Weekly Decline in U.S. Crude Oil InventoriesU.S. crude oil inventories are expected to be down for a second consecutive week with refineries raising capacity use, according to a survey by The Wall Street Journal. Commercial crude stocks are seen falling by 1.3 million barrels to 439.1 million barrels, according to the average estimate of 10 analysts and traders.
Bank of Mexico Minutes Signal Another Half-Point Rate Cut

4 weeks ago | wsj.com | Anthony Harrup

The central bank lowered its benchmark interest-rate target to 8.5% from 9% on May 15May 29, 2025 2:06 pm ET|WSJ ProMEXICO CITY—Weakness in the Mexican economy and the peso’s resilience in the face of U.S. trade uncertainty encouraged the Bank of Mexico to lower its benchmark interest rate by a half a percentage point this month despite an uptick in inflation, minutes to the meeting showed Thursday. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8