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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 22, 2026 / Tyler Durden
The Middle Corridor Emerges As A Strategic Lifeline For Global Trade
The Middle Corridor Emerges As A Strategic Lifeline For Global Trade
Via RFE/RL,
Global trade is shifting away from vulnerable maritime chokepoints toward overland routes like the Middle Corridor amid rising geopolitical instability
A $3.3 billion World Bank-backed investment push aims to address infrastructure gaps and unlock the corridor’s long-term potential
While promising, the route still faces major capacity and coordination constraints before it can rival established northern trade flows
While diplomatic efforts struggle to stabilize access to the Strait of Hormuz amid tensions between the United States and Iran, Eurasian trade is increasingly being...
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May 4, 2026 / Tyler Durden
Deutsche Bank's Woke ESG Whistleblower Denied Millions By SEC For Tattling To Press
Deutsche Bank's Woke ESG Whistleblower Denied Millions By SEC For Tattling To Press
In 2021, Deutsche Bank sustainability chief Desiree Fixler thought she was going to make millions after she blew the whistle with claims that the bank did not adhere to its goal of integrating ESG (environmental, social and governance) into all investment decisions. Fixler - who worked within the bank's DWS Group asset management arm - became a witness for the SEC, which fined the bank's asset-management arm $19 million in 2023.
And had she actually gotten the SEC reward of...
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Mar 26, 2026 / Tyler Durden
One Day Until Trump's Self‑Imposed 5-Day Deadline On Iran But Markets Appear Increasingly Numb
One Day Until Trump's Self‑Imposed 5-Day Deadline On Iran But Markets Appear Increasingly Numb
By Molly Schwartz, Cross Asset Macro Strategist at Rabobank
More persistent inflation
Yesterday, Iran rejected the US-proposed 15-point plan, instead laying out its own conditions in a 5-point plan;
(1) halt the killing of Iranian officials;
(2) means to make sure no other war is wage against it;
(3) reparations for the war;
(4) an end to all hostilities; and
(5) Iran’s “exercise of sovereignty over the Strait of Hormuz.”
The probability that Washington would accept these terms in...
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