Get Ready $10 A Gallon Coming Now!…
New AAA data show US diesel prices reached a record $6.05 a gallon, signaling severe tightening in global refined-fuel markets….
Oil Prices
Media Accuses Hegseth Of Covering Up USS Lincoln Supply Crisis
The scandal and controversy over the USS Lincoln aircraft carrier continues, despite the Trump administration and top military brass reiterating…
On Tuesday, WTI Was Selling for $84.94, While European Diesel Was Hovering Above $170 per Barrel—Nearly Double Brent’s Current Price of $90.94. This “Illusion of Abundance” Has Been Fostered by Governments for Decades
Brent at $90.94 looks almost civilized. Jeff Currie thinks that is exactly the problem: everyone is staring at crude while…
Iranian Attack on Outbound Tanker in Hormuz…
Yet another attack has occurred in the Strait of Hormuz, this time on a foreign tanker on an outbound transit…
So Far in the Nearly Six Months of Conflict, It Has Been Clear That Every Fresh Escalation Has Backfired on Washington, As Iran Has Dug in Its Heels and Escalated Its Reaction
Trump’s ‘Delusional’… Iran strongly disagreed with Trump’s statements from Friday nite regarding the combat status and oil transit in the region,…
Diesel Exports Around the World Are Plummeting, As Struyven Demonstrated
By SRH The “Perfect Storm” Diesel Crash Has Wall Street Worried: Global Diesel Exports Crash, According to Goldman’s Daan Struyven…
US Must Meet All Demands For The Hormuz Opening As Iran’s Military Command Reshuffles In Preparation For A “Hardline” Confrontation
Iran Sours Pakistan’s Hopes for Diplomatic Relations Early in the day, Pakistan spread hopeful rumors that the warring parties were…
The Race to Reopen Hormuz Is Getting More Intense As the Stress in the Global Supply Chain Continues to Be at Covid Levels.
The latest Bloomberg data show that shipping transits through the Strait of Hormuz remained largely disrupted Monday morning, even as…
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!!
On Monday, oil prices climbed on global markets due to concerns that a resolution to the impasse between Iran and…
We’ve Been Here Before…
By Bas van Geffen, senior macro strategist at Rabobank Phil Connors has woken up to another instance of the same…
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