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

"Neither Does It Seem To Be The Last": Bank Of England Hikes For First Time Since 2023, Sees Inflation Near 5% For the first time in 1,190 days, the Bank of England has raised interest rates.On Thursday the BoE's Monetary Policy Committee voted 8-1 to lift Bank Rate by 25bps to 4.00%, the first hike since August 3, 2023, when the BoE topped out at 5.25%. And the lone dissenter was no dove: external member Catherine Mann wanted a half-point move to 4.25%. Put differently, not a single one of...

First Andreessen, Now Goldman CEO Shuts Down AI Job-Apocalypse Doomerism Narrative Amid the flood of AI doomerism, from Pope Leo XIV's Monday warning that AI and the digital transformation of the economy could unleash "new forms of slavery" and mass job losses, to Bernie Sanders and unhinged socialists calling for a halt to data centers buildouts, a move that would conveniently cede compute power to communists in Beijing, a growing and emerging chorus of dystopian futurists is now trying to frame the AI boom as an existential labor-market crisis rather...

First Doomsday Warnings, Then Poland Crisis, Iran's "No Limits" Threat, & Now "Mass Casualty" Risk In Moscow Emergency preparedness warnings across the US, Europe, and Japan have been amplified in corporate media and turned into hysteria for the general public. One big question we have is whether these advisories are coming from an intelligence briefing or deep state globalists doing what they're best at: manipulating the public through headlines. It's hard to say what's fueling the panic, but mentions of "stockpile food" in corporate media headlines jumped on October 23 to...