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Russia's Oil Windfall Vanishes As Urals Crashes To $42 A Barrel
Russia's Oil Windfall Vanishes As Urals Crashes To $42 A Barrel
By Charles Kennedy of OilPrice.com
Russian crude oil prices have fallen back to where they were before the Middle East war, with its flagship Urals averaging just $41.66 a barrel during the first three days of July.
The drop wipes out the revenue boost Moscow received from the conflict and pressures a federal budget that assumes oil prices of about $59 a barrel.
Urals had averaged more than $59 a barrel every month since March and climbed to $60.92 in June after...
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May 8, 2026 / Tyler Durden
Another Wall Street Giant Is Plotting Its Escape From Mamdani's New York City: Report
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It looks like Citadel isn’t the only Wall Street giant looking for the exits as New York City Mayor Zohran Mamdani (D) continues his commie Robinhood thing on the city’s richest.
Fox Business Network’s Charles Gasparino reported Wednesday that the Manhattan-headquartered private equity giant Apollo is preparing to establish what insiders describe as a “second headquarters” in either Florida or Texas. A formal announcement on the location is expected within weeks.
The move would build on Apollo’s earlier...
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May 4, 2026 / Dave DeCamp
Israeli Forces Kill Three Palestinians in Gaza as Relentless Attacks Continue
Israeli forces killed at least three Palestinians in Gaza on Monday, according to reports from the Strip, as the IDF continues its relentless attacks and constant violations of the US-backed ceasefire deal. The Palestinian news agency WAFA reported that on Monday morning, a man, identified as 42-year-old Mousa al-Abyad, was killed by an Israeli attack […]
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Mar 6, 2026 / Tyler Durden
"Most Dangerous Geopolitical Blitz Since Bretton Woods": Trump Says Cuba's Communist Regime Is Next To Fall
"Most Dangerous Geopolitical Blitz Since Bretton Woods": Trump Says Cuba's Communist Regime Is Next To Fall
"We've got plenty of time, but Cuba's ready," President Trump told CNN in an interview on Friday morning. The president told CNN reporter Dana Bash that Havana will "fall pretty soon" and that he will "place Marco over there."
2/7 ON CUBA: President Trump said, "Cuba is gonna fall pretty soon." He said he's going to "put Marco over there" and "we've got plenty of time, but Cuba's ready."
— Dana Bash (@DanaBashCNN) March 6, 2026
It's...
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