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Massive Life Support
Massive Life Support
By Benjamin Picton, Senior Markets Strategist At Rabobank
Massive Live Support
“On massive life support” was Donald Trump’s characterization of the US-Iran ceasefire yesterday. This followed Sunday’s rejection of Iranian terms for peace that Trump described as “totally unacceptable”. In a boy-who-cried-wolf-style sign of growing market insensitivity to Presidential prognostications, Brent was only up 2.88% to $104.21/bbl and WTI crude remains below $100/bbl. Dated Brent rose by 0.6% yesterday to $105.62. This even as the Wall Street Journal reports that the UAE has been “secretly” carrying out attacks on...
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May 5, 2026 / Tyler Durden
Iraq Offers Huge Discounts Up To $33 Per Barrel For Oil Shipments Via Hormuz
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By Charles Kennedy of OilPrice.com
OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40 per barrel off the official selling prices for its crude that has to move through the Strait of Hormuz.
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Feb 19, 2026 / Dave DeCamp
Head of US Southern Command Visits Venezuela, Meets With Acting President Rodriguez
Gen. Francis L. Donovan, the head of US Southern Command, visited Venezuela on Wednesday and met with Venezuelan Acting President Delcy Rodriguez, a visit that came less than two months after the US attacked Venezuela and abducted President Nicolas Maduro. According to a press release from Rodriguez’s office, during the meeting, both sides “agreed to […]
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May 8, 2026 / Tyler Durden
Is Marco Rubio The New Heir Apparent To Trump?
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For months, the conventional wisdom inside Republican circles has been settled and simple: JD Vance is next. The vice president has led 2028 Republican presidential nomination polling by a country mile, averaging nearly 45.5 points in the RealClearPolitics aggregate — more than 30 points ahead of Donald Trump Jr. at 14.8% and Marco Rubio at 14%.
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