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WTI Dips As US Crude Production Hits Record High, SPR Draw Slows, Cushing Remains At 'Tank Bottoms'

WTI Dips As US Crude Production Hits Record High, SPR Draw Slows, Cushing Remains At 'Tank Bottoms' Oil prices are marginally higher overnight after President Trump reinstated the blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway. US Central Command said it completed a morning round of strikes on Iran that further degraded its ability to attack commercial shipping in Hormuz. It comes a day after attacks on ships that had been participating in so-called shuttle runs that...
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Mar 28, 2026 / Tyler Durden
Watch: Vance Says The Clock Is Ticking For Ilhan Omar
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Mar 21, 2026 / Tyler Durden
Iran's First Use Of ICBMs Raises Serious Questions About Remaining Arsenal
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Aug 7, 2026 / Tyler Durden
Rockstar Founder Builds $300M Celsius Stake, Launches Activist Offense: Management "All Need To Be Fired"
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