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BofA Sees "Runaway Price Risk" In Spot Sulfur As Global Supply Chain Freezes
BofA Sees "Runaway Price Risk" In Spot Sulfur As Global Supply Chain Freezes
Sulfur is a critical industrial input produced as a byproduct of oil refining and natural gas processing. With roughly half of the world's seaborne sulfur trade trapped behind the Hormuz maritime chokepoint, another 15% stuck in Kazakhstan due to export-logistics blockades, and demand destruction still insufficient across global markets, Bank of America analysts warn that spot sulfur prices have further upside potential.
Matthew DeYoe, research analyst at BofA Securities, covering all things ag, materials, and chemicals, wrote in...
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Sep 7, 2026 / Tyler Durden
Asia Leads Global Value Rotation On Chip Woes
Asia Leads Global Value Rotation On Chip Woes
By Abishek Vishnoi, Bloomberg Markets Live reporter and strategist
A rotation from growth to value stocks is more pronounced in Asia than anywhere else globally, as doubts grow over the chip rally’s staying power.
MSCI’s gauge for value stocks in Asia Pacific has risen about 6% this quarter, compared with a 2% drop in its growth counterpart, on track for its biggest outperformance since January-March 2022, according to data compiled by Bloomberg. The gap is wider than the swings in the US and Europe...
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Sep 16, 2026 / Tyler Durden
FBI Agent Wanted To Criminally Investigate Elon Musk, Email Shows
FBI Agent Wanted To Criminally Investigate Elon Musk, Email Shows
Authored by Zachary Stieber via The Epoch Times,
An FBI agent pitched investigating Elon Musk for his work with the Department of Government Efficiency (DOGE), according to an email released on Sept. 15.
FBI agent Kevin Gounaud wrote in the Feb. 22, 2025, missive to a supervisor that he wanted to recommend opening a criminal investigation into the person or people at the Office of Personnel Management who approved transmitting an email to government workers about what they had done the previous...
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May 30, 2026 / Tyler Durden
Green Retreat: California Eases Carbon-Market Costs For Oil Refiners
Green Retreat: California Eases Carbon-Market Costs For Oil Refiners
California's green-energy regime has hollowed out the state's refining and oil industry, leaving motorists paying the highest gasoline prices in the country. AAA data show the state gasoline average now north of $6 per gallon, compared with a national average of roughly $4.36 as of Saturday morning.
The result of political blowback in California over unaffordable gasoline and diesel prices at the pump is a retreat from left-wing climate policies that could offer relief to motorists, Bloomberg News reports.
On Friday, the California...
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