Novorossiysk Restarts Oil Loadings At Reduced Capacity After Drone Strike

US PMI Surveys Signal Growth Rebound In Q3, Strongest Among Global Peers, But... Following the mixed/weak Manufacturing PMI survey data earlier in the week, today's Services PMIs were expected to be just as mixed with S&P Global higher and ISM flat. S&P Global Services PMI for August rose from 54.6 to 56.5 (below the preliminary 56.8 but still up bigly) - the highest since Dec 2024 ISM Services PMI for August rose from 54.1 to 55.4 (better than the 54.1 exp) - the highest since Feb 2026 These improvements come as hard data...

"The City Screwed This Up": Judge Temporarily Blocks Mamdani's Pied-A-Terre Tax Scheme A New York judge temporarily halted Mayor Zohran Mamdani's socialist experiment to impose a new tax on luxury second homes, ordering far-left City Hall officials to remove a controversial list doxing more than 900,000 homeowners from the public domain The publicly accessible database exposed names, addresses, and property values, effectively creating an easily accessible targeting list for radical activists, including Luigi-worshipping far-left activists, amid City Hall's escalating war on property owners. Related: "I've Been Doxed": Lefty Podcaster Scott Galloway Rips Mamdani After...

Jeff Currie: Forget $91 Brent, The Real Crisis Is $170 Diesel Brent at $90.94 looks almost civilized. Jeff Currie thinks that is exactly the problem: everyone is staring at crude while the real energy shock is already showing up in the fuels people actually buy. As OilPrice reports, "Nobody on the planet earth consumes crude oil,” Currie told CNBC. Refineries do. Everyone else consumes gasoline, diesel and jet fuel, and those markets look considerably uglier. European diesel was trading around $170 per barrel during the interview, Currie said, almost twice Brent’s current...