How Factory Job Cuts Are Weakening Oil Demand More Than Supply episode artwork

EPISODE · Jun 23, 2026 · 7 MIN

How Factory Job Cuts Are Weakening Oil Demand More Than Supply

from Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power · host Fexingo

Oil prices are down 4.5 percent in a week, but the driver isn't the Strait of Hormuz or OPEC — it's a collapse in factory employment that's gutting industrial diesel and jet fuel demand. Lucas and Luna unpack new S&P data showing factory job cuts in June near financial-crisis levels, and why that matters more for crude than any supply disruption. WTI sits at $73 a barrel, gasoline is finally dropping, and the hosts connect the dots from the factory floor to the futures market. A focused look at how a labor-market shift is reshaping energy prices. Includes a brief acknowledgment of listener support that keeps the show ad-free. #OilPrices #FactoryJobCuts #WTI #CrudeOil #GasolinePrices #IndustrialDemand #Diesel #JetFuel #EmploymentData #SP500 #Manufacturing #SupplyChain #EnergyEconomics #Economics #FexingoBusiness #BusinessPodcast #LucasAndLuna #EnergyMarkets Keep every episode free: buymeacoffee.com/fexingo

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How Factory Job Cuts Are Weakening Oil Demand More Than Supply

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This episode was published on June 23, 2026.

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