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Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut

Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut The global race to rebuild depleted oil inventories will not be enough to offset a massive glut that’s coming to the market next year, as traffic through the Strait of Hormuz appears to be headed toward normalization, according to Goldman Sachs commodity strategists.   First, arguing the bullish side, stockpiles of crude and refined petroleum products in many parts of the world have been depleted to multi-decade lows after governments raced to release strategic stockpiles in March after the Middle...
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Aug 16, 2026 / Tyler Durden
The Decline Of Higher Education Continues
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Jul 2, 2026 /
Trump Requested Military Operations for an Attack on Iran
Secretary of War Pete Hegseth presented Donald Trump with plans for an all-out attack on Iran at the President’s request. Trump was convinced by his advisers to allow negotiations to continue.  On Tuesday, the Wall Street Journal reported that Hegseth and Chairman of the Joint Chiefs of Staff Dan Caine informed President Trump of battle […]
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Sep 7, 2026 / Tyler Durden
Central Banks Bought 23 Tonnes Of Gold In July
Central Banks Bought 23 Tonnes Of Gold In July Authored by Naveen Athrappully via The Epoch Times, Central banks worldwide purchased a net 23 tonnes of gold in July, in line with the overall yearly trend, according to the World Gold Council (WGC). Gold bars weighing 1000 grams each are displayed at the Austrian Gold and Silver Refinery (Oegussa) in Vienna, Austria, on Feb. 3, 2026. Georg Hochmuth/APA/AFP via Getty Images The largest buyer last month was China, which bought 20 tonnes, according to a Sept. 3 WGC report. "Notably, activity from the People's...
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