WS #16845
WTI crude holding near $96 with widening refining margins continues to support energy majors but pressures airlines and refiners with high input costs. In the industrial sector, Array and Shoals Technologies announced an all-stock merger, signaling consolidation in the solar supply chain as the industry seeks scale to survive margin compression. SunExpress is also raising fares to offset jet fuel costs, highlighting the persistent inflationary pressure from energy.
Energy and Industrial Consolidation
WTI crude holding near $96 with widening refining margins continues to support energy majors but pressures airlines and refiners with high input costs. In the industrial sector, Array and Shoals Technologies announced an all-stock merger, signaling consolidation in the solar supply chain as the industry seeks scale to survive margin compression. SunExpress is also raising fares to offset jet fuel costs, highlighting the persistent inflationary pressure from energy.