{"id":71824,"date":"2026-09-15T17:08:17","date_gmt":"2026-09-15T21:08:17","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/energy-and-trade-tensions-rise-as-api-reports-massive-crude-build-us-pressures-mexico-on-ai\/71824\/"},"modified":"2026-09-15T17:08:17","modified_gmt":"2026-09-15T21:08:17","slug":"energy-and-trade-tensions-rise-as-api-reports-massive-crude-build-us-pressures-mexico-on-ai","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/energy-and-trade-tensions-rise-as-api-reports-massive-crude-build-us-pressures-mexico-on-ai\/71824\/","title":{"rendered":"Energy and Trade Tensions Rise as API Reports Massive Crude Build; US Pressures Mexico on AI"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/energy-and-trade-tensions-rise-as-api-reports-massive-crude-build-us-pressures-mexico-on-ai\/71824\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/energy-and-trade-tensions-rise-as-api-reports-massive-crude-build-us-pressures-mexico-on-ai\/71824\/#Energy_Markets_Shaken_by_Massive_Inventory_Build\" >Energy Markets Shaken by Massive Inventory Build<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/energy-and-trade-tensions-rise-as-api-reports-massive-crude-build-us-pressures-mexico-on-ai\/71824\/#US-Mexico_Trade_Friction_Over_AI_Hardware\" >US-Mexico Trade Friction Over AI Hardware<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/energy-and-trade-tensions-rise-as-api-reports-massive-crude-build-us-pressures-mexico-on-ai\/71824\/#JPMorgan_Boosts_Dividend_Amid_Economic_Uncertainty\" >JPMorgan Boosts Dividend Amid Economic Uncertainty<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/energy-and-trade-tensions-rise-as-api-reports-massive-crude-build-us-pressures-mexico-on-ai\/71824\/#CEA_Chairman_Warns_Fed_Against_Rate_Hikes\" >CEA Chairman Warns Fed Against Rate Hikes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/energy-and-trade-tensions-rise-as-api-reports-massive-crude-build-us-pressures-mexico-on-ai\/71824\/#Inpex_Advances_Massive_Abadi_LNG_Project\" >Inpex Advances Massive Abadi LNG Project<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>U.S. <a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">crude oil<\/a> inventories surged by 7.1 million barrels<\/strong>, a massive deviation from the 1.8 million-barrel draw analysts had expected.<\/li>\n<li><strong>The U.S. is pressuring Mexico<\/strong> to implement stricter &quot;rules of origin&quot; for <strong>AI hardware exports<\/strong> to prevent Chinese firms from bypassing tariffs.<\/li>\n<li><strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> raised its quarterly common stock dividend by <strong>10% to $1.65 per share<\/strong>, reflecting a &quot;fortress balance sheet.&quot;<\/li>\n<li><strong>Christopher Phelan<\/strong>, Chairman of the Council of Economic Advisers, warned in a <strong>CNBC interview<\/strong> that a Federal Reserve rate hike at this juncture would be a &quot;mistake.&quot;<\/li>\n<li><strong>Inpex (<a href=\"\/stock\/1605\">1605<\/a>)<\/strong> is nearing agreements with <strong>BP (<a href=\"\/stock\/BP\">BP<\/a>)<\/strong> and <strong>Shell (<a href=\"\/stock\/SHEL\">SHEL<\/a>)<\/strong> for its <strong>$21 billion Abadi LNG project<\/strong> in Indonesia, targeting 9.5 million metric tons of annual production.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Energy_Markets_Shaken_by_Massive_Inventory_Build\"><\/span>Energy Markets Shaken by Massive Inventory Build<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The American Petroleum Institute (API) reported a surprise surge in U.S. crude oil inventories, which rose by <strong>7.1 million barrels<\/strong> for the week ending September 11. This figure stands in stark contrast to market expectations of a <strong>1.8 million-barrel draw<\/strong> and follows a modest 0.3 million-barrel build in the previous period. <em>The unexpected surplus suggests a potential softening in domestic demand or a significant uptick in supply, placing immediate downward pressure on WTI crude prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"US-Mexico_Trade_Friction_Over_AI_Hardware\"><\/span>US-Mexico Trade Friction Over AI Hardware<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The U.S. government is reportedly pushing Mexican officials to adopt new trade rules specifically targeting <strong>artificial intelligence (AI) hardware<\/strong>. According to the <em>Wall Street Journal<\/em>, the proposal seeks to restrict components sourced from outside North America to prevent Chinese companies from using Mexico as a &quot;backdoor&quot; to avoid U.S. tariffs. <strong>AI hardware<\/strong> has recently surpassed automobiles to become Mexico&#39;s top export to the U.S., making these negotiations a critical component of the ongoing <strong>USMCA<\/strong> review.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"JPMorgan_Boosts_Dividend_Amid_Economic_Uncertainty\"><\/span>JPMorgan Boosts Dividend Amid Economic Uncertainty<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> announced a quarterly common stock dividend of <strong>$1.65 per share<\/strong>, a 10% increase from its previous $1.50 payout. The dividend is payable on October 31, 2026, to stockholders of record as of October 6. CEO <strong>Jamie Dimon<\/strong> emphasized that the firm\u2019s &quot;fortress balance sheet&quot; and <strong>$5.0 trillion in assets<\/strong> allow it to remain a &quot;pillar of strength&quot; despite an increasingly complex global risk environment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"CEA_Chairman_Warns_Fed_Against_Rate_Hikes\"><\/span>CEA Chairman Warns Fed Against Rate Hikes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a live interview with <strong>CNBC<\/strong>, <strong>Christopher Phelan<\/strong>, Chairman of the Council of Economic Advisers, stated that it would be a &quot;mistake&quot; for the Federal Reserve to hike interest rates at this time. Phelan\u2019s comments reflect growing concerns within the administration regarding the potential for over-tightening to stifle economic growth. <em>Market participants are closely watching these signals as the Fed prepares for its next policy meeting amid mixed inflation data.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Inpex_Advances_Massive_Abadi_LNG_Project\"><\/span>Inpex Advances Massive Abadi LNG Project<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Japanese energy giant <strong>Inpex (<a href=\"\/stock\/1605\">1605<\/a>)<\/strong> is moving closer to a Final Investment Decision (FID) for its <strong>Abadi LNG project<\/strong> in Indonesia, now expected in mid-2027. The company is currently in advanced negotiations with <strong>BP (<a href=\"\/stock\/BP\">BP<\/a>)<\/strong> and <strong>Shell (<a href=\"\/stock\/SHEL\">SHEL<\/a>)<\/strong> over offtake terms for the project, which is slated to produce <strong>9.5 million metric tons<\/strong> of liquefied natural gas annually. The project is seen as a cornerstone for energy security in the Indo-Pacific region, with initial production targeted for the early 2030s.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways U.S. crude oil inventories surged by 7.1 million barrels, a massive deviation from the 1.8 million-barrel draw analysts [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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