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US Must Meet All Demands For The Hormuz Opening As Iran’s Military Command Reshuffles In Preparation For A “Hardline” Confrontation

Stevie RayAugust 12, 20260

Iran Sours Pakistan’s Hopes for Diplomatic Relations Early in the day, Pakistan spread hopeful rumors that the warring parties were…

  • Oil Prices

The Race to Reopen Hormuz Is Getting More Intense As the Stress in the Global Supply Chain Continues to Be at Covid Levels.

Stevie RayAugust 11, 20260

The latest Bloomberg data show that shipping transits through the Strait of Hormuz remained largely disrupted Monday morning, even as…

  • Oil Prices

As the unexpected oil drain surges to 6.1 million barrels—the most in two months—the US SPR falls below 300 million barrels functional limit. Trouble!!

Stevie RayAugust 11, 20260

On Monday, oil prices climbed on global markets due to concerns that a resolution to the impasse between Iran and…

  • Oil Prices

We’ve Been Here Before…

Stevie RayAugust 6, 20260

By Bas van Geffen, senior macro strategist at Rabobank Phil Connors has woken up to another instance of the same…

  • Oil Prices

Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil

StevieRay HansenMay 30, 2026May 30, 20260

by Tyler Durden Just about two months ago, JPMorgan did the math on “How Long Before The World Hits Crude…

  • #Oil
  • Oil Prices

World’s Top Oil Trader Is Now A Used Car Salesman

StevieRay HansenOctober 7, 2020October 7, 20200

Vitol Group, the world’s largest independent oil-trading firm, has been startled by the prospects of peak oil demand as it…

  • Oil Prices
  • WTI

WTI Holds Losses As US Distillates Stocks Reach 38-Year Highs

StevieRay HansenJuly 23, 2020July 23, 20200

Oil prices are lower overnight after a surprisingly large crude inventory build reported by API. The energy complex was not helped by…

  • Oil Prices
  • OPEC

“We Are Moving Into The End-Game”: 27 Tankers Anchored Off California, Hundreds Off Singapore As Oil Industry Shuts Down

StevieRay HansenApril 27, 2020April 27, 20200

Back in the late fall of 2014, when Saudi Arabia broke up OPEC for the first time and unleashed a…

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A Shift In The Global Financial Order Is Upon Us

StevieRay HansenMarch 10, 2020March 10, 20200

The collapse in bond yields, exacerbated by the crash in oil prices, marks an end to the era of trust…

  • #Oil
  • Bank Corruption

No Financing And No Demand: Chinese Refiners Run Into Trouble

StevieRay HansenFebruary 26, 2020February 26, 20200

International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries…

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