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Apr 29, 2026 / Tyler Durden
After Record $19.50 Premium, Saudis Eye Sharp Cut To June Asia Prices
After Record $19.50 Premium, Saudis Eye Sharp Cut To June Asia Prices
Submitted by Charles Kennedy of OilPrice.com
The world’s top crude exporter, Saudi Arabia, is expected to slash its official selling prices (OSPs) for crude loading for Asia in June from the record-highs for May as the premiums of the Middle Eastern benchmarks eased this month.
Saudi oil giant Aramco is widely expected to announce in early May a reduction of the OSP of the flagship Arab Light crude by between $5 and $12 per barrel compared to the Oman/Dubai average,...
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Mar 29, 2026 / Dave DeCamp
‘First Time in Centuries’: Israeli Authorities Block Latin Patriarch From Holy Sepulchre on Palm Sunday
The Latin Patriarch of Jerusalem, Cardinal Pierbattista Pizzaballa, was stopped by Israeli police from entering the Church of the Holy Sepulchre in East Jerusalem to celebrate Palm Sunday Mass, which marks the start of Holy Week for Christians around the world. According to a statement from the Latin Patriarchate of Jerusalem and the Custody of […]
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Mar 24, 2026 / Tyler Durden
Here's Where Rent Growth In The US Is Finally Slowing
Here's Where Rent Growth In The US Is Finally Slowing
After years of rapid increases, rent growth in the U.S. is finally slowing—and in some cities, prices are even declining, according to Marketwatch.
From January 2025 to January 2026, rents rose 2.8%, a smaller increase than the year before and lower than pre-pandemic norms, marking the slowest growth since 2021. This cooling trend, driven in part by a surge in new housing supply, suggests the market is stabilizing after an intense period of price escalation. At the same time, easing inflation,...
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