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After Record $19.50 Premium, Saudis Eye Sharp Cut To June Asia Prices
After Record $19.50 Premium, Saudis Eye Sharp Cut To June Asia Prices
Submitted by Charles Kennedy of OilPrice.com
The world’s top crude exporter, Saudi Arabia, is expected to slash its official selling prices (OSPs) for crude loading for Asia in June from the record-highs for May as the premiums of the Middle Eastern benchmarks eased this month.
Saudi oil giant Aramco is widely expected to announce in early May a reduction of the OSP of the flagship Arab Light crude by between $5 and $12 per barrel compared to the Oman/Dubai average,...
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Oct 20, 2026 / Tyler Durden
Amid 'Compromise' Chaos, Analyst Sees 90% Chance Of Iran War Round 3 As Hegseth Makes 'Secretive' Israel Visit
Amid 'Compromise' Chaos, Analyst Sees 90% Chance Of Iran War Round 3 As Hegseth Makes 'Secretive' Israel Visit
The Monday surprise visit of US Secretary of War Pete Hegseth to Israel where he met with Prime Minister Benjamin Netanyahu has set off an avalanche of speculation regarding the likelihood of another major round of fighting in the Iran war.
The trip has been presented by Axios as happening under some degree of secrecy, with talks having taken place at the Ovda Air Base in southern Israel, which plays host to US refueling planes and...
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Sep 25, 2026 / Tyler Durden
"More Signaling, Less Substance": Barclays Pours Cold Water On Trump-Xi Summit
"More Signaling, Less Substance": Barclays Pours Cold Water On Trump-Xi Summit
President Donald Trump hosted Chinese President Xi Jinping for a White House state dinner late Thursday, calling for closer ties while offering limited details on progress in addressing trade and geopolitical disputes. This was Xi's first White House visit in over a decade.
Trump praised Xi and his wife as "truly outstanding, amazing people" and said the two superpowers should "continue to build a relationship that promotes prosperity and security."
Xi called for a relationship defined by "strategic stability" and urged...
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Aug 21, 2026 / Tyler Durden
Buying May Not Beat Renting Until Retirement In Some Expensive Markets: Zillow
Buying May Not Beat Renting Until Retirement In Some Expensive Markets: Zillow
Authored by Mary Prenon via The Epoch Times,
For a typical U.S. household, it can take decades to save for a home and reach the point where buying becomes cheaper than renting, with the timeline stretching into retirement in some expensive markets, according to an Aug. 20 Zillow report.
A "for sale" sign is posted in front of a home for sale in San Marino, Calif., on Sept. 6, 2023. Frederic J. Brown/AFP via Getty Images
Zillow calculated the number of...
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