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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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Jun 25, 2026 / Tyler Durden
Bitcoin Tumbles As Strategy Slammed, Faces Massive $10 Billion Option Expiry
Bitcoin Tumbles As Strategy Slammed, Faces Massive $10 Billion Option Expiry
Moments after the cash market opened, bitcoin plunged almost $3,000 in a matter of seconds to $58,000, on no news, sending the price to the lowest level since Sept 2024.
This was a strange move for bitcoin because while stocks do tend to move rapidly at cash open as that's when options restart trading (as we have noted, in recent months most investors are trading almost exclusively in options and avoiding the underlying securities completely), bitcoin trades within its own...
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Apr 4, 2026 / Tyler Durden
Forget Temu's "Bugatti" Knockoff. Texas Man 3D-Printed A Lamborghini Aventador Body
Forget Temu's "Bugatti" Knockoff. Texas Man 3D-Printed A Lamborghini Aventador Body
Forget ordering a $30,000 "Bugatti" knockoff from Chinese e-commerce websites like Temu.
A private seller in Texas is now offering what appears to be a fully 3D-printed Lamborghini Aventador body on Facebook Marketplace, highlighting how 3D printing is revolutionizing custom vehicle manufacturing.
"This is a fully 3D-printed Lamborghini Aventador project that gives you a huge head start. It includes the complete body, front frame, rear frame, and monocoque already printed and sized to Aventador dimensions," the listing stated.
The 3D-printed Aventador body...
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May 19, 2026 / Tyler Durden
Mamdani Touts First City-Owned Grocery Store
Mamdani Touts First City-Owned Grocery Store
Authored by Chris Wade via The Center Square,
New York City Mayor Zohran Mamdani on Monday announced the site of the latest city-owned grocery store as the democratic socialist looks to make good on a key campaign pledge.
The 20,000-square-foot store, located in the Bronx’s Hunts Point neighborhood, is part of a $70 million plan that includes opening stores in the city’s five boroughs. The plan calls for hiring a private operator to run the store under the city’s pricing rules. The South Bronx store will be part of a new...
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