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• $2.50 Gallon Target: President Trump set an explicit pricing benchmark for retailers nationwide, citing crude oil's decline to $68 a barrel as justification.
• Historic Quarterly Decline: WTI's approximately 30% Q2 drop is its largest quarterly decline since 2020, driven by a sudden release of previously stranded Persian Gulf supply.
• Brent's Historic Quarterly Slide: Brent crude's roughly 30% Q2 decline to $74 per barrel matches WTI's drop, confirming the global, rather than US-specific, nature of the supply shock.
• Davison’s departure stems from a personal decision, with no disputes over company operations or policies.
• The SEC filing disclosed that Canoe Financial LP acquired 4,065,777 Halliburton shares.
• Hallador Energy (NASDAQ: HNRG) amended its credit agreement to modify financial maintenance covenants, easing certain leverage ratio requirements.
• Liberty Energy Inc. (NYSE: LBRT) has signed a $332.6 million supply contract with Wärtsilä for power generation equipment.
• Marathon Petroleum Corporation (NYSE: MPC) announces the passing of board member Abdulaziz F. Alkhayyal.
• Pedevco Corp (NYSE American: PED) confirms the mutual departure of Chief Accounting Officer Paul Pinkston effective June 23, 2026.
• T1 Energy’s public and private warrants will expire on July 9, 2026, with an exercise price set at $11.50 per share of the Company’s common stock, par value $0.01 per share.
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