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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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Feb 27, 2026 / Joshua Mawhorter
Massachusetts 1690: The First Western Fiat Experiment
When the Massachusetts colony issued its own unredeemable paper money in 1690, it was with the promise that it would soon be redeemable in specie. Like all paper money issued by government, it lost value and the confidence of the people.
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Mar 14, 2026 / Tyler Durden
North Korea Fires 10 Ballistic Missiles, Flexing During US Regional Drills
North Korea Fires 10 Ballistic Missiles, Flexing During US Regional Drills
It's obvious that 'wars of choice' never get launched against nuclear-armed powers, and countries like North Korea want to keep it that way, given it is already treated like a 'rogue' state by the West.
Saturday saw Pyongyang engage in more muscle-flexing, as its military fired about 10 ballistic missiles toward the eastern sea, according to South Korea's military said, staging its own show of force as the rival South conducts a joint military exercise with the United States.
Japan's Defense Ministry...
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