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This week has seen one oil company after another announce major layoffs. The oil curve is within sight of flipping and wholesale gasoline prices are only a penny above their lowest since 2021. Why? The answer was all over ADP's private payroll report for September. Eurodollar University's Money & Macro Analysis For more information on 21shares and to sign up for their newsletter, visit https://bit.ly/3JTI4GQ Subscribe @21Shares on YouTube: https://www.youtube.com/@21shares Follow @21Shares on Instagram: https://www.instagram.com/21shares_/ Follow @21Shares on Linkedin: https://www.linkedin.com/company/21shares-us/ Follow @21Shares on X: https://x.com/21Shares_US ---------------------------------------------------------------- Sign up for our webinar on the Hidden Truth Behind Interest Rates: https://webinar.eurodollar-university.com/home ---------------------------------------------------------------- ADP https://adpemploymentreport.com/ IEA Oil Market Report August 2025 https://www.iea.org/reports/oil-market-report-august-2025 HRD Imperial Oil, ExxonMobil announce major layoffs for Canada amid global restructuring https://www.hcamag.com/ca/news/general/imperial-oil-exxonmobil-announce-major-layoffs-for-canada-amid-global-restructuring/551612 Dow Jones TotalEnergies to Cut Costs While Boosting Oil, Gas Output Through 2030 — Update https://www.morningstar.com/news/dow-jones/202509296462/totalenergies-to-cut-costs-while-boosting-oil-gas-output-through-2030-update Fox Business Exxon to slash thousands of jobs https://www.foxbusiness.com/media/exxon-slash-thousands-jobs-major-corporate-overhaul-comprehensive-restructuring-plan https://eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU Disclaimer This video is sponsored by 21Shares. The information provided in this video is for educational and informational purposes only and should not be considered financial or investment advice. Investing involves risk, including the possible loss of principal. Products mentioned may not be available in all jurisdictions, and their suitability will depend on your individual circumstances. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. |