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Cushing Stocks Crash To 'Tank Bottoms', Seasonally Lowest Since 2005; SPR Sees Another Huge Drain

Cushing Stocks Crash To 'Tank Bottoms', Seasonally Lowest Since 2005; SPR Sees Another Huge Drain Oil prices have tumbled in recent days as optimism grew there would be a lasting Middle East peace agreement, which would mean supplies would be back on track - but investors are taking a breather today with prices marginally higher this morning, rising off three month lows (and the 200DMA) after Trump threatened to 'start bombing again' if he doesn't like the deal (or how Iran is behaving). Solid US macro data also helped lift oil...
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Apr 10, 2026 / Tyler Durden
White House Warns Staff As Iran Bets Add To Growing Insider-Trading Concerns
White House Warns Staff As Iran Bets Add To Growing Insider-Trading Concerns Authored by Zoltan Vardai via CoinTelegraph.com, The White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of President Donald Trump’s March 23 Iran announcement drew scrutiny, according to Reuters. Reuters reported on Thursday that the White House sent the internal email on March 24, a day after Trump ordered a five-day delay in attacks on Iran’s energy infrastructure. The warning followed a roughly $500 million bet on Brent and West Texas Intermediate...
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Mar 25, 2026 / Tyler Durden
"Changed My Entire Life": Top OnlyFans Creators Mourn Death Of Billionaire Founder
"Changed My Entire Life": Top OnlyFans Creators Mourn Death Of Billionaire Founder Top OnlyFans creator pornstar Sophie Rain, who has earned tens of millions of dollars on the adult content platform over the last several years, mourned the death of OnlyFans owner and billionaire Leonid Radvinsky on Monday. Rain, one of the platform's highest earners who has reportedly grossed over $100 million since 2023, thanked Radvinsky for changing her life. "I don't even know how to put this into words. That man built something that changed my entire life. Like, I grew up...
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Apr 28, 2026 / Tyler Durden
US Energy Chief Says Hormuz Can Reopen Without Clearing All Mines, Warns Iran Shut-ins Could Be Devastating
US Energy Chief Says Hormuz Can Reopen Without Clearing All Mines, Warns Iran Shut-ins Could Be Devastating US Energy Secretary Chris Wright said that not all mines placed by Iran in the Strait of Hormuz need to removed for ships to resume transiting the vital passageway: “You just need a pathway for ships to be moved in and out,” Wright said in an interview on the sidelines of the Three Seas Summit and Business Forum in Dubrovnik. “I think that can happen quickly” he added suggesting that a restart can happen...
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