The Next Oil Rally Could Be Driven By Stockpile Refilling

How Hakeem Jeffries Is In Big Trouble Politically After The Primaries Tuesday night in New York City was no routine Democratic primary. Instead, it turned into a referendum on the Democratic Party itself, and the party lost. Three socialist-backed candidates, backed by New York City Mayor Zohran Mamdani, won their races. The Democratic establishment got slaughtered, and the man left holding the wreckage is House Minority Leader Rep. Hakeem Jeffries (D-NY). Every candidate Jeffries backed went down. That alone would be a bad night. What made it worse was the scene at...

Britain Bets On Hydropower To Boost Energy Security Authored by Felicity Bradstock via OilPrice.com, Britain has provisionally approved three major pumped storage hydropower projects in Scotland, the first of their kind in more than 40 years. Pumped storage facilities will act as large-scale energy storage systems, helping balance intermittent wind and solar generation. The projects are expected to improve energy security, reduce reliance on imported fossil fuels, and support the U.K.'s decarbonisation strategy. After years of neglect, the United Kingdom has big plans for hydropower as part of broader plans for a green transition....

Apollo Private Credit Fund Is Latest To Gate Investors As KKR Fund Gets Junked By Moody's Amid the ongoing fracturing of the private credit industry, which after enjoying years of stable, levered growth (and when it ran out of institutional greater fools, it aimed lower, toward HNWs and retail) finally hit a brick wall thanks to the Claude-inspired SaaSpocalypse, which has led to a historic surge in redemption requests across the biggest (and certainly smallest) names in the industry, last week we said that debt funds managed by powerhouse firms including...