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Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In
Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In
With global refineries working overtime to convert oil into much needed product, Japan's refinery utilization rates also surged in May, as releases from petroleum reserves and increased supply of non-Middle East crude are easing the crude supply crunch seen in March and most of April, OilPrice reported.
For the first time since March, refiners in Japan have boosted their average utilization rate to above 70% in the past two weeks, data from the Petroleum Association of Japan (PAJ) showed on...
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Apr 12, 2026 / Tyler Durden
India's Nuclear Bet Is Starting To Pay Off
India's Nuclear Bet Is Starting To Pay Off
Authored by Haley Zaremba via OilPrice.com,
India's fast breeder reactor in Tamil Nadu achieved criticality earlier this month, making it self-sustaining and only the second commercial plant of its kind in the world.
The 500-megawatt plant advances India's goal of reaching 100 gigawatts of nuclear capacity by 2047, up from roughly 9 gigawatts today.
While the milestone is significant, experts warn India's 'all of the above' energy strategy may need to become more targeted as demand grows.
India has reached a milestone in its nuclear energy...
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Jul 12, 2026 / Tyler Durden
Inflection Point Overload?
Inflection Point Overload?
By Peter Tchir of Academy Securities
Inflection Point Overload?
Between 250th Celebrations, heat waves, power failures, and jet lag, I feel more discombobulated than I have in a long time (I do admit that I really liked a sign that I think was in PHX airport just past security – Recombobulation Area). I think that’s what I could use.
In any case, last weekend’s ProSec Mid-Year Outlook is worth checking out. We had people send us several variations of the same theme – the concept is catching on for investors...
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Mar 8, 2026 / Dave DeCamp
State Department Bypasses Congress To Send More Than 20,000 Bombs To Israel
The Trump administration is bypassing Congress to arm Israel with more than 20,000 bombs by declaring the war with Iran an “emergency” as US-Israeli strikes continue to pound the Islamic Republic. The State Department said in a statement on Friday that it had approved a “Foreign Military Sale” to arm Israel with 12,000 BLU-110A/B general-purpose, […]
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