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WTI Holds Losses As Cushing Hits 'Tank Bottoms', US Production At Record Highs
WTI Holds Losses As Cushing Hits 'Tank Bottoms', US Production At Record Highs
Oil prices are testing down to pre-war levels this morning as more tankers cross the Strait of Hormuz and signs of progress in US-Iran peace talks eased fears of an immediate supply crunch.
Vessels are transiting Hormuz with their satellite signals switched on, indicating growing confidence among shipowners about safe passage of the chokepoint, through which about a fifth of global oil supplies transited before the war. The International Maritime Organization also said it had received safety guarantees allowing hundreds of...
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May 13, 2026 / Tyler Durden
Israel's Netanyahu Made Clandestine Trip To UAE During Height Of Iran War
Israel's Netanyahu Made Clandestine Trip To UAE During Height Of Iran War
Amid the fog of the Iran conflict, some serious geopolitical chess moves were happening in the shadows, with Israeli PM Benjamin Netanyahu having slipped behind what were once enemy lines, into the the quarters of UAE President Mohamed bin Zayed Al Nahyan, for a clandestine summit which could help realign the region.
"This visit has led to a historic breakthrough in relations between Israel and the UAE," Netanyahu's office confirmed in a Wednesday statement.
It provides top level confirmation of...
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Sep 28, 2026 / Tyler Durden
Nvidia Launches New Tool To Shut Down Rogue Agents, Unveils $150 Billion Stock Buyback, Largest Ever
Nvidia Launches New Tool To Shut Down Rogue Agents, Unveils $150 Billion Stock Buyback, Largest Ever
Perhaps Jensen Huang was getting tired of seeing charts like this, showing that his stock is up "only" 20% in 2026 (and has gone nowhere since May) while the rest of the AI ecosystem keeps rising...
... so going into the last week of them month, the billionaire CEO took matters into his own hands and amid a flurry of news that OpenAI agents had breached many more systems than previously revealed, including US government platforms,...
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Aug 27, 2026 / Tyler Durden
When Wall Street Says Sell, Check Who's Waiting To Buy
When Wall Street Says Sell, Check Who's Waiting To Buy
Submitted by QTR's Fringe Finance
Today let me offer up one of my patented periodic reminders to do your own work.
As many have already pointed out, there was something almost too neat about Citadel’s timing before the Situational Awareness blowup. In late June, Citadel Securities published a market-structure review warning that U.S. equities had become unusually concentrated, that investors were increasingly expressing bullishness through leverage, and that leveraged exposure was piling particularly aggressively into technology and semiconductors. They also warned of a...
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