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WTI Extends Gains, Shrugs Off SPR Release Amid Crude Build, Dip In US Production
WTI Extends Gains, Shrugs Off SPR Release Amid Crude Build, Dip In US Production
Oil prices are higher this morning, shrugging off the well-telegraphed (and practically useless) SPR release.
"Oil prices remain volatile and risk sentiment fragile and trading is on the headlines and rapidly evolving conflict in the Middle East," noted Neil Wilson, Saxo UK investor strategist.
And while, the main drivers of crude prices remain more global, the domestic supply and demand situation remains noteworthy based on its impact on gasoline (pump) prices.
API
Crude -1.7mm (+1.1mm exp)
Cushing
Gasoline -1.8mm
Distillates -2.3mm
DOE
Crude +3.82mm (+1.1mm...
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Apr 7, 2026 / Tyler Durden
Living In Any New York Borough Now Requires A Six Figure Income
Living In Any New York Borough Now Requires A Six Figure Income
Living in New York City without financial assistance now requires a six-figure income in every borough, according to Bloomberg.
The Fund for the City of New York’s latest “self-sufficiency standard” shows that in 2026, a family of four with two school-age children needs about $133,000 a year to cover basic expenses without outside help. Still, 46% of households fall short of that level.
A separate report from Mayor Zohran Mamdani’s office found that economic strain is even more widespread. In...
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Apr 2, 2026 / Tyler Durden
Putin To Saudi Crown Prince: Russia Ready To Do Everything To Stabilize Mideast Crisis
Putin To Saudi Crown Prince: Russia Ready To Do Everything To Stabilize Mideast Crisis
Russian President Vladimir Putin said Thursday that Russia is willing to do anything toward bringing stability to the Persian Gulf and Iran crises. "Russia is counting on an early end to the conflict in the Middle East, and is ready to do everything to bring the situation back to normal," Putin's words were paraphrased in state media as telling Egyptian Foreign Minister Badr Abdelatty, who was hosted at the Kremlin.
"We all hope that the conflict will...
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Feb 22, 2026 / Tyler Durden
21-Year-Old Male Identified As Shotgun-Wielding Mar-a-Lago Intruder
21-Year-Old Male Identified As Shotgun-Wielding Mar-a-Lago Intruder
Update (1230ET):
AP News reports that the 21-year-old male, armed with a shotgun and a gas canister, who was shot and killed by law enforcement at Mar-a-Lago early Sunday morning after breaching the outer layer of the security perimeter, has been identified as Austin Tucker Martin.
🚨 BREAKING: Mar-a-Lago intruder IDENTIFIED as 21-year-old, Austin Tucker Martin, who breached the secure perimeter and was shot dead, reports Fox’s @pdoocy.
Tucker was reported missing by his parents and was LAST SEEN on Feburay 21st at 7:51pm. pic.twitter.com/xQv0kcAhJ4
— TV...
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