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WTI Holds Losses As SPR Drain Slows, Cushing Just Off 'Tank Bottoms'
WTI Holds Losses As SPR Drain Slows, Cushing Just Off 'Tank Bottoms'
Oil extended its biggest quarterly drop since the pandemic this morning as traders monitored US-Iran peace talks and a market for real-world barrels that’s been in freefall.
WTI is holding below $70 as US negotiators Jared Kushner and Steve Witkoff had positive discussions in Qatar and technical talks with Iran are moving ahead, a senior administration official said, while President Trump said the meeting was good.
Crude has fallen in recent days as the warring parties continued discussions to reach a...
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May 9, 2026 / Jason Ditz
Israeli Strikes Across Lebanon Killed at Least 22
Israeli strikes on Lebanon escalated again on Saturday, with at least 22 people killed and dozens of others wounded in various attacks across the country. The IDF also issued evacuation orders for an additional nine villages, and reported having launched strikes on 85 different targets across Lebanon. The deadliest strike was against the town of […]
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Jul 6, 2026 / Tyler Durden
When The Monetary Laws Of Physics Change
Jun 13, 2026 / Tyler Durden
Why The Millionaire Next Door Drives A Used Car - And What That Teaches About Real Wealth
Why The Millionaire Next Door Drives A Used Car - And What That Teaches About Real Wealth
Authored by Peter Daisyme via Due,
The wealthiest person I know personally drives a 2018 Toyota Camry. He owns three rental properties, has over $2 million in investment accounts, and could buy any car on any lot without blinking. He chooses not to, and his explanation is both simple and profound: "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception...
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