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WTI Dips After Big Crude Inventory Build, US Production Slows
WTI Dips After Big Crude Inventory Build, US Production Slows
Oil prices are down overnight but playing headline roulette with every word that comes out of any leaders' (or non-leaders') mouth as ceasefire chatter (now denied) has WTI riding a roller-coaster (but below $100 once again as we write).
“Flows and actions matter more than words,” said Giovanni Staunovo, a commodity analyst at UBS Group AG.
And while inventory data may not be the market-moving event in this new regime, it is useful to see signs of stockpiling or demand.
DOE
Crude +5.45mm (+10.3mm...
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May 5, 2026 / Kyle Anzalone
Pentagon: Iranian Attacks on UAE, Ships Below Threshold for US to Resume Strikes Against Iran
Chairman of the Joint Chiefs of Staff General Dan Craine said that Iranian attacks on shipping in the Persian Gulf and energy infrastructure in the UAE did not amount to significant violations of the ceasefire. On Monday, Iran fired missiles at a US destroyer as a warning shot, an Iranian drone caused a large fire […]
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The Day The Memecoin Dies
The Day The Memecoin Dies
Submitted by QTR's Fringe Finance
I opened Twitter this morning and saw a photo of a group of guys, lanyards swinging, hoodies zipped, shuffling off to a “memecoin conference.”
Which is to say we have reached the point in the batshit insanity cycle where people are boarding planes and booking hotels to celebrate coins that started as jokes about dogs. Pause and really sit with that.
Memecoins are not businesses. They are not technologies in any meaningful sense. They produce nothing, fix nothing, and generate exactly zero in...
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Jul 20, 2026 / Dave DeCamp
White House Shares Three-Week-Old Poll That Shows the Majority of Americans Support Iran Peace Deal
The White House on Monday shared the results of a poll from about three weeks ago that shows the majority of American voters supported the US-Iran Memorandum of Understanding (MoU), which President Trump has since declared is “over” as he has restarted the bombing campaign against Iran. President Trump also shared the results of the […]
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