CENTCOM Says US Soldier Killed in Iraq, Bringing Number of US Troops Killed in Recent Days to Four

Iranian Foreign Minister Abbas Araghchi said on Tuesday that there will be no talks between the US and Iran under the Memorandum of Understanding on a final deal if President Trump continues to make threats against Iran. The statement from Araghchi came a day after President Trump said that he would “finish the job” in […]

Why Bernie Sanders Is Wrong About Gas Prices Authored by Robert Rapier via OilPrice.com, Gasoline prices can diverge sharply from crude oil prices due to refining and logistical constraints. Tight refinery capacity and geopolitical disruptions have created bottlenecks throughout the fuel supply chain. Policies that discourage energy infrastructure investment could worsen future fuel price volatility. When lawmakers propose solutions to complex economic problems, the first requirement should be a clear understanding of how those problems actually work. A recent Facebook post by Bernie Sanders comparing today’s oil and gasoline prices to those in 2011 suggests...

Ugly 3Y Auction Stops Through At Highest Yield In 20 Years Despite Plunge In Foreign Demand, Record Directs With bond traders still bruised from the catastrophic, "mega-tailing" 5Y auction two weeks ago, some were looking toward this week's restart of Treasury coupon auctions with trepidation, although after the brutal selloff in recent weeks, there probably was enough concession to avoid another disaster. And sure enough, after we got the results of of today's $58BN three-year auction, everyone can exhale because the auction was a bit better... even if the internals...