WTI Steady After Biggest Cushing Crude Build In 3 Years; Imports From Venezuela Highest Since 2019

Hegseth Announces New Mandatory Military Testosterone Tests Authored by Jack Phillips via The Epoch Times, Department of War Secretary Pete Hegseth on Wednesday announced a measure to screen U.S. armed forces members’ testosterone levels and offer therapy as a way to optimize the military’s performance. “While we invest heavily in our weapon systems, platforms, and gear, our most decisive tactical advantage will always be the individual warfighter,” Hegseth said in a video, titled, “The High-T Department of War,” released on X. “We have a sacred duty to maintain that advantage, which is why we...

Shale Giant Diamondback Is Boosting Oil Output "Immediately" On Soaring Prices With oil prices soaring to multi-year highs, it was only a matter of time: Diamondback Energy, one of the largest shale oil producers, announced it is boosting crude output in response to rising prices caused by the Iran war. The company that operates in the Permian Basin of West Texas and New Mexico is pumping more than 520,000 barrels a day, 3% more than its original full-year guidance, and plans to sustains those levels, Chief Executive Officer Kaes Van’t Hof...