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

WTI Steady After Biggest Cushing Crude Build In 3 Years; Imports From Venezuela Highest Since 2019 Oil prices remain lower this morning, following the US proposal for a ceasefire with Iran, but off the lows following Iran's rejection. “From the Iranian perspective, Trump’s actions this week have demonstrated that the US can be pressured when Iran threatens further escalation,” said Arne Lohmann Rasmussen, chief analyst at A/S Global Risk Management. Futures had already pared losses as Tehran fired a new wave of missiles at Israel, and signaled little willingness to compromise. Iran’s...
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Mar 5, 2026 / Tyler Durden
Good Riddance, Jasmine Crockett
Good Riddance, Jasmine Crockett Submitted by QTR's Fringe Finance The results of Tuesday’s Democratic primary in Texas delivered a clear political message: voters are tired of listening to Rep. Jasmine Crockett. And thank f**king god she lost, because I am too. Crockett, who spent much of her short national career cultivating a reputation as the politician who can constantly be wrong the loudest and with the most attitude, was defeated by Texas state Rep. James Talarico, who was nowhere near as prominent on national television and who many people have likely ever heard of. Crockett quickly blamed everyone but herself, chalking up the...
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Mar 25, 2026 / Tyler Durden
Mediators Say Talks 'Difficult But Not Dead' After Iran Rejects US Proposed Ceasefire, Counters With 5 Conditions
Mar 6, 2026 / Tyler Durden
"This Will Bring Down Global Economy": Qatar's Energy Minister Offers Dire Warning About Hormuz Chokepoint Chaos
"This Will Bring Down Global Economy": Qatar's Energy Minister Offers Dire Warning About Hormuz Chokepoint Chaos Brent crude futures are on track for their biggest weekly gain since the early days of Covid, with the move now exceeding the 20% weekly spike at the start of the Russia-Ukraine war, as the U.S.-Israeli air campaign against Iran, Operation Epic Fury, has tipped the Gulf into an energy crisis, freezing commercial traffic through the Strait of Hormuz and pushing some regional oil and gas production offline. On Friday, Qatar's energy minister, Saad al-Kaabi,...
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