Futures Flat As Traders Brace For Weekend Iran Escalation

This Is What You Get When Commies Are Running NYC... Authored by Steve Watson via Modernity.news, New York City, already reeling from crime under years of radical leftist rule, now faces a proposal that sounds ripped straight from a communist energy-rationing handbook: mandatory blackouts every night. Manhattan Assemblywoman Deborah Glick is sponsoring the “Dark Skies Protection Act,” which would require businesses and residents to turn off non-essential lighting between 11 p.m. and 5 a.m.  Critics are blasting it as a criminal’s dream come true in a city that already struggles with safety after dark. New York City...

A flurry of Israeli strikes targeted southern and eastern Lebanon on Sunday night and Monday, killing at least five people. Four of the slain were reportedly members of Palestinian Islamic Jihad, and were killed near the Lebanon-Syria border. The IDF declared them terrorists who were operating in the Majdal Anjar area, near Masna. The four […]

WTI Extends Gains As US Oil Product Exports Hit Record Highs, Huge SPR Release, Production Dips Oil prices are modestly higher this morning, erasing overnight losses on Trump's 'ceasefire extension' after Iran attacked three ships in the Strait of Hormuz. While headline roulette continues to drive oil prices incrementally, this morning's inventory/supply data from DOE will provide some color on how the API Crude -4.5mm Cushing +700k Gasoline -5.2mm Distillates -4.6mm DOE Crude +1.925mm Cushing +806k Gasoline -4.57mm - 10th weekly draw in a row Distillates -3.43mm - 4th weekly draw in a row Crude stocks unexpectedly saw a build last week...