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OPEC+ Agrees To Boost Output By Another 206,000 Barrels A Day When Strait Of Hormuz Reopens
OPEC+ Agrees To Boost Output By Another 206,000 Barrels A Day When Strait Of Hormuz Reopens
With the world's attention glued to every headline out of Iran, it is understandable why today's OPEC+ meeting was largely ignored, although with roughly 12% of global oil output throttled at the Strait of Hormuz, it's not as if even OPEC+ could do much to offset the supply shock.
Earlier on Sunday, the oil-producing cartel (where Iran is a founding member yet was missing from the Joint Ministerial Monitoring Committee) warned that damage to Middle...
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Apr 6, 2026 / Tyler Durden
Futures Rise, Oil Drops On Report Of Ceasefire Push
Futures Rise, Oil Drops On Report Of Ceasefire Push
US stock futures rose, but were off session highs (and lows) and crude oil dipped as the bipolar market focused its attention on a report of a push to secure a potential ceasefire in the war in Iran, following a reversal in those exact same hopes late last week. As of 8:00am ET S&P 500 futures added 0.1% in light trading after the Easter holiday, reversing an earlier loss of as much as 0.8%, but also off session highs. Nasdaq futures tose 0.4% with all Mag...
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Mar 2, 2026 / Dale Steinreich
Tucker on Operation Epstein Fury
Israel’s war and what it means. pic.twitter.com/P9D7UGq40W — Tucker Carlson (@TuckerCarlson) March 2, 2026
The post Tucker on Operation Epstein Fury appeared first on LewRockwell.
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Mar 31, 2026 / Tyler Durden
Job Openings Drop After Huge Upward Revision As Hires, Quits Unexpectedly Plunge To Six Year Low
Job Openings Drop After Huge Upward Revision As Hires, Quits Unexpectedly Plunge To Six Year Low
A few weeks ago, the BLS reported that January job openings unexpectedly soared by 400K, the biggest increase since November 2024, to 6.946MM, the highest since last October. Well, it turns out the jump was even higher than that because moments ago, the BLS published the latest February print, and while that number came in line with estimates, at 6.882MM, or just shy of the 6.890MM estimate, it was a big drop from January,...
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