Commander of 82nd Airborne Ordered to Middle East for Potential Ground Operation in Iran

"Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was that while the market can hold hundreds of millions of barrels, it would still become fragile once working stocks fell too low. Like blood pressure in the human body, the issue is circulation.  Then, approximately 4 weeks later, the bank followed up this analysis with some more math, explaining "Why Hormuz Will...

These Are The World's Biggest Beer Brewers Beer is the world’s most widely consumed alcoholic beverage, but much of it comes from a relatively small group of companies. This visualization, via Visual Capitalist's Melissa Garside, ranks the world’s 40 largest beer brewers by production volume using data from the BarthHaas Report 2024/25. Together, these brewers produced 42.7 billion U.S. gallons of beer in 2024, equal to 86.3% of global production. AB InBev Leads by a Wide Margin AB InBev dominated the global beer industry in 2024, producing 13.1 billion U.S. gallons, or 26.4% of all...

WTI Extends Gains As US Oil Product Exports Hit Record Highs, Huge SPR Release, Production Dips Oil prices are modestly higher this morning, erasing overnight losses on Trump's 'ceasefire extension' after Iran attacked three ships in the Strait of Hormuz. While headline roulette continues to drive oil prices incrementally, this morning's inventory/supply data from DOE will provide some color on how the API Crude -4.5mm Cushing +700k Gasoline -5.2mm Distillates -4.6mm DOE Crude +1.925mm Cushing +806k Gasoline -4.57mm - 10th weekly draw in a row Distillates -3.43mm - 4th weekly draw in a row Crude stocks unexpectedly saw a build last week...