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WTI Extends Losses After Biggest Crude Build In 3 Years

WTI Extends Losses After Biggest Crude Build In 3 Years Oil prices are sliding this morning following as an over-supplied market (API reported a huge 11.4mm barrel build last week) beats the geopolitical risk premia (with the US poised to attack Iran). "Iran, rather than backing down and agreeing to all and any term [U.S. President Trump] is placing on the table (as he had expected), is instead daring him to attack. "Just you try it and you will see what you will get!" is kind of what Iran implicitly said...
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Apr 14, 2026 / Tyler Durden
Swalwell Resigns From Congress - Effective TODAY, After Fresh Rape Allegation And Corroborating Campaign Records
Swalwell Resigns From Congress - Effective TODAY, After Fresh Rape Allegation And Corroborating Campaign Records Rep. Eric Swalwell (D-CA) resigned from Congress on Tuesday, effective today, capping a stunning collapse of his political career just one day after he suspended his bid for California governor. The move came hours after a new accuser, Lonna Drewes, held a press conference in Beverly Hills alleging that Swalwell drugged, raped, and choked her unconscious in a West Hollywood hotel room in July 2018. Drewes, a former model and fashion technology entrepreneur, told reporters she...
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Mar 20, 2026 / Tyler Durden
These Seven Allies Concocted A 'Hormuz Coalition' Statement To Placate Trump, Which Failed
These Seven Allies Concocted A 'Hormuz Coalition' Statement To Placate Trump, Which Failed We reported earlier that President Trump has again expressed his extreme frustration at lack of direct NATO participation in a plan to open up the Strait of Hormuz. He declared the US has "militarily WON" - and lambasted lack of allied interest in a "simple military maneuver" to open the Strait of Hormuz, calling NATO a "Paper Tiger" without the US. And so clearly Trump himself is unconvinced after on Thursday seven allied nations signed a statement expressing a readiness to contribute to...
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Jul 20, 2026 / Tyler Durden
Watch: Aerial Drone Airlifts Kamikaze Ground Bot Into Battle As Warfare Automation Accelerates
Watch: Aerial Drone Airlifts Kamikaze Ground Bot Into Battle As Warfare Automation Accelerates The evolution of autonomous warfare will center on teams of FPV drones, unmanned aircraft, and ground robots operating across a single network. Our view is that the battlefield of the 2030s has already been pulled forward by conflicts across Eurasia, from the Russia-Ukraine war to the US-Iran conflict. It was only a matter of time before Ukrainian forces paired heavy UAVs with unmanned ground vehicles to conduct offensive missions deep inside no-man's-land, where the majority of deaths...
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