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UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying

UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying The United Arab Emirates raised ‌its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two sources familiar with production data said on Monday. Bloomberg data showed even higher UAE exports, rising to 3.94mmb/d, just shy of the record hit in late 2025. June's output was the highest since April ​2020, according to Reuters estimates, exceeding levels seen before the...
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Oct 12, 2026 / Tyler Durden
Starbucks Kills Chipotle Takeover Rumor: "We're Not Buying" The Burrito Chain
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May 31, 2026 / Tyler Durden
Congress Quietly Moves To Intertwine US, Israeli Militaries On Formal Level
Congress Quietly Moves To Intertwine US, Israeli Militaries On Formal Level There are some stealth moves afoot by the Trump administration and Congress, which are poised to formalize the long-standing close US-Israel relationship, on the level of a formal defense pact. A sweeping new legislative proposal in Congress is moving to more deeply intertwine and combine the two countries' military arsenals. The House of Representatives' version of the 2027 National Defense Authorization Act (NDAA) released this past week contains Section 224, devoted to military integration with the name "United States-Israel Defense...
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May 21, 2026 / Tyler Durden
Can Progressivism Be Overthrown?
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