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Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports
Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports
Yesterday when discussing China's unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait of Hormuz blockade, which throttled the transit of ~10% of global oil and sent physical prices soaring to record highs (especially for Dubai crude), resulting in a windfall for European refiners thanks...
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Mar 31, 2026 / Tyler Durden
One Man Thinks He Knows "Why Everything Sucks"
One Man Thinks He Knows "Why Everything Sucks"
Authored by Matt Van Swol via X,
I think I know why everything sucks...
...and it's because everything is fake
We are getting fake college degrees that cost 4 years and six figures that teach you fake education and get you fake jobs.
We are eating fake food, with fake ingredients, funded by fake research.
We are scrolling through fake lives, with fake relationships, who take fake, curated vacations to promote brands that make fake products.
We are voting for fake candidates, who run on fake...
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Sep 21, 2026 / Tyler Durden
SoftBank To Sell $11 Billion In Junk Bonds At Soaring Yields To Fund OpenAI Investments
SoftBank To Sell $11 Billion In Junk Bonds At Soaring Yields To Fund OpenAI Investments
It's only appropriate that just hours after we published an extensive report looking at the trillions in debt funding the AI supercycle - which just this year stands at $568bn, of which $259bn issued in IG, followed by $256bn across Private Credit, Direct Lending, and other bilateral/non-syndicated lending (for SPVs and infrastructure finance), another $40bn for HY and $11bn for institutional loans...
... that SotBank launched what Bloomberg dubbed "one of the biggest junk bond deals ever",...
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Feb 26, 2026 / Tyler Durden
Tech Bosses To Meet At White House, Pledge Their Data Centers Won't Boost Electricity Bills
Tech Bosses To Meet At White House, Pledge Their Data Centers Won't Boost Electricity Bills
Authored by Jacki Thrapp via The Epoch Times (emphasis ours),
Leaders in big tech are expected to meet with President Donald Trump at the White House next week to pledge that their data centers will not increase the energy bills of Americans living near the facilities.
The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. Justin Tallis/AFP via Getty Images
“Major tech companies will join President Trump at the...
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