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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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May 30, 2026 / Tyler Durden
What To Own Before A Bond Market Crisis
What To Own Before A Bond Market Crisis
Submitted by QTR's Fringe Finance
As I wrote last week, foreign Treasury selling with yields already on the rise has perked up my attention.
For decades, investors have treated U.S. Treasuries as the ultimate safe haven. In nearly every major panic, money rushed into government bonds, not away from them.
But with deficits surging, interest costs climbing, and foreign demand for Treasuries no longer as unquestioned as it once was, some investors have started asking a different question: if the Treasury market itself ever came under severe stress, what assets...
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Apr 26, 2026 / Tyler Durden
Alleged Chinese Spy Ship Lurking Near U.S. Base In Qatar Raises Questions
Alleged Chinese Spy Ship Lurking Near U.S. Base In Qatar Raises Questions
The War Zone's Ian Ellis posted on X about a suspicious Chinese vessel operating in the Gulf area, which he described as a "Chinese surveillance ship" with "close ties" to the People's Liberation Army.
According to Ellis, Hai Yang Shi You (285) was moored not long ago, just 10 miles from U.S. assets, raising concerns about Chinese intelligence-gathering activity in the region amid the US-Iran conflict.
Chinese surveillance ship Hai Yang Shi You (285) got underway in the Gulf again,...
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Jun 1, 2026 / Tyler Durden
Indian Refiners Freeze Domestic Jet Fuel Prices
Indian Refiners Freeze Domestic Jet Fuel Prices
Indian refiners have frozen the price of jet fuel for domestic flights after airlines asked for a respite from fuel price hikes, Bloomberg has reported, adding that in April, jet fuel prices jumped by 8.6% in response to tighter supply.
In an additional concession to airlines, Indian fuel makers also reduced the price of jet fuel for international flights, the report also said, citing unnamed spokespeople from state-owned refiners.
Indian Oil Corp., Bharat Petroleum Corp, and Hindustan Petroleum Corp. have hiked fuel prices four times...
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