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Oil Prices Extend Decline After The Largest Crude Inventory Drawdown In History, Cushing 'Tank Bottoms' Loom

Oil Prices Extend Decline After The Largest Crude Inventory Drawdown In History, Cushing 'Tank Bottoms' Loom Oil futures are down bigly this morning following comments from President Trump that the war in Iran would be ended "very quickly," but investors remained uncertain about the potential for de-escalation. "We're going to end that war very quickly. They want to make a deal so badly, they're tired of - this should have happened for 47 years," Trump told a group of Congress members at the White House's annual congressional picnic on Tuesday. "Somebody should...
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Jul 16, 2026 / Tyler Durden
SpaceX Starship Flight 13 Launch Scrubbed At The Last Second
SpaceX Starship Flight 13 Launch Scrubbed At The Last Second Update (1900ET): SpaceX scrubbed their 13th test flight on Thursday right as the countdown clock reached zero.  Noooo! Abort triggered after 4 of the centre engines failed to ignite at start-up...as seen in the Booster engine graphic, bottom left of screen. Video straight off the @SpaceX stream. pic.twitter.com/nZ65wfuQkb — VixXi (@VickiCocks15) July 16, 2026 Developing... * * * SpaceX is scheduled to launch the 13th test flight of its Starship rocket on Thursday evening, marking the first mission since the company completed its blockbuster public debut in June,...
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Aug 21, 2026 / Tyler Durden
Broadcom CDS Explodes As It Seeks Up To $100 Billion In Massive Off-Balance Sheet Debt Deal
Jun 7, 2026 / Tyler Durden
Angry Pentagon Sources Leak Report Of Israel's 'Unhinged' Spying On US Officials
Angry Pentagon Sources Leak Report Of Israel's 'Unhinged' Spying On US Officials It's no secret that Israeli spying and surveillance is pervasive, and it is often even directed at its most powerful ally and backer, the United States. But the phenomenon has escalated of late, outraging Washington intelligence officials. Behind the scenes of this alliance which mainstream media and pundits typically project as essentially untouchable, deep-seated friction is boiling over. In an unprecedented move, the Pentagon has officially elevated Israel's counterintelligence threat level to its highest possible category, driven by surging...
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