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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 6, 2026 / Tyler Durden
Wyoming's Helium Empire Ascends As Qatar Gas Goes Flat
Wyoming's Helium Empire Ascends As Qatar Gas Goes Flat
Readers have already been well briefed, see here and here, that roughly one-third of global helium supply has been disrupted, setting the perfect storm of chaos to spread across high-tech industries, particularly semiconductors. The shock is being driven by shipping restrictions through the Gulf and the shutdown of output from top producer Qatar, where damage to the Ras Laffan complex could keep supplies constrained for years.
As the U.S.-Iran conflict enters its second month, one of the clearest second-order effects of...
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Feb 21, 2026 / Tyler Durden
Deporting Censorship: US Targets UK Government Ally Over Free Speech
Deporting Censorship: US Targets UK Government Ally Over Free Speech
Authored by Paul D. Thacker via RealClearInvestigations,
As ICE sweeps in Minneapolis have drawn wide attention, a little-noticed immigration case playing out in a New York federal court has significant implications for America’s relationship with Britain and the ongoing debate over global censorship.
In late December, the State Department announced its intention to revoke the visas of five foreign individuals who have allegedly censored Americans. The most consequential member of this group is Imran Ahmed, a British Labour Party political operative now...
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Apr 3, 2026 / Jason Ditz
Israeli Army Scraps Goal of Disarming Hezbollah in Lebanon Occupation
The Israeli military has issued statements today indicating that the war goal of fully disarming Hezbollah, initially presented as the entire pretext for the invasion of southern Lebanon last month, is being dropped on the grounds that it is “unrealistic” to think they’d be able to accomplish the goal, and “not required” for the war […]
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