U.S. crude oil imports from Mexico surged to the highest level in more than eight years last week as swelling inventories and a fire at the Latin American country’s largest refinery in late June led it to offload more barrels. Source: Industry Insights

Energy stocks were little changed this afternoon, with the NYSE Energy Sector Index climbing less than 0.1%, reversing a small mid-day decline, while the SPDR Energy Select Sector ETF also up less than 0.1%. Source: Industry Insights

Energy stocks were edging lower this afternoon, with the NYSE Energy Sector Index falling 0.3% while the SPDR Energy Select Sector ETF was down 0.1%. Source: Industry Insights

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Oil & Gas Exploration & Production ETF (Symbol: XOP) where we have detected an approximate $113.1 million dollar inflow Source: Industry Insights

Large investors in the Dakota Access Pipeline, including Phillips 66, could be on the hook for hundreds of millions in payments, after a U.S. court on Monday ordered the shutdown of the major artery. Source: Industry Insights

What happened Pipeline stocks are getting pulverized today. Several were down more than 10% by 12:30 p.m. EDT on Monday, including Energy Transfer (NYSE: ET), Phillips 66 Partners (NYSE: PSXP), ONEOK (NYSE: OKE), and Crestwood Equity Partners (NYSE: CEQP). Driving down shares of Source: Industry Insights

U.S. pipeline company Energy Transfer has taken the rare step of invoking force majeure – normally used in times of war or natural disaster – to prevent oil firms from walking away from a proposed expansion of the controversial Dakota Access pipeline, according to two sources familiar with the matter. Source: Industry Insights

Those of us who have invested directly in stocks know very well the sense of anxiety that comes along with it. Though we all know the importance of patience and perseverance when it comes to equities, they tend to go out the window once markets start tanking. And there is anothe Source: Industry Insights

Ecuador’s state-run oil company Petroecuador said on Monday it has received bids from seven companies interested in buying up to 3.6 million barrels of Oriente crude through a spot-market tender launched earlier this week. Source: Industry Insights

This year has been brutal for the refining industry. The COVID-19 outbreak has hammered demand for gasoline and jet fuel, taking refining margins and stock prices down with it. Giants Marathon Petroleum (NYSE: MPC) and Phillips 66 (NYSE: PSX) have both shed roughly 40% of the Source: Industry Insights