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"Diesel Is At Epicenter Of Supply Squeeze,": Goldman
"Diesel Is At Epicenter Of Supply Squeeze,": Goldman
Goldman analysts are out with an eye-opening note showing that global refinery runs have plunged to their lowest seasonal level since the Covid era as conflict-related outages hammer Russia and the Gulf while Chinese processing remains subdued.
Analysts, including Yulia Zhestkova Grigsby and Daan Struyven, introduced a new global refinery-runs nowcast, estimating that global runs declined by 6.5 million barrels per day from a year earlier in late July.
Non-OECD throughput dropped by 7 million barrels per day, led by the Middle East,...
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Aug 12, 2026 / Tyler Durden
AI Hyperscalers Are Pricing Bitcoin Miners Off The Grid. Here's Why Its A Massive Win-Win...
AI Hyperscalers Are Pricing Bitcoin Miners Off The Grid. Here's Why Its A Massive Win-Win...
Authored by Nick Ward via BitcoinMagazine.,com,
If you’ve scanned headlines over the last year, you’ve likely seen the prevailing market narrative: Bitcoin miners are abandoning their operations and pivoting to AI data centers, signaling a retreat from proof-of-work.
To casual observers, this looks like a surrender.
Proof that Bitcoin was just a temporary placeholder until a “better” compute workload arrived.
However, if you look through the lens of power infrastructure and thermodynamics, that story gets the reality completely backwards....
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Apr 19, 2026 / Tyler Durden
Warrantless Surveillance Fight Again Ignites Massie vs. Trump Showdown
Warrantless Surveillance Fight Again Ignites Massie vs. Trump Showdown
Via The Libertarian Institute
President Donald Trump said Congress must extend Section 702 of the Foreign Intelligence Surveillance Act (FISA) even if it means giving up “rights and privileges.” Section 702 allows for the collection of Americans’ data without a warrant.
In a post on Truth Social, Trump urged House Republicans to reject any amendments to the legislation that would extend Section 702. “I am asking Republicans to UNIFY, and vote together on the test vote to bring a clean Bill to the...
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Aug 13, 2026 / Tyler Durden
India Eyes Two New Sites To Expand Strategic Oil Reserves
India Eyes Two New Sites To Expand Strategic Oil Reserves
By Tsvetana Paraskova of OilPrice.com
State-controlled Indian Strategic Petroleum Reserves Ltd (ISPRL) is finalizing feasibility studies for two new strategic petroleum reserves facilities as the world’s third-largest crude oil importer looks to boost its energy security.
ISPRL, a government-owned special purpose vehicle, is finalizing a feasibility study for a facility at Bikaner in the state of Rajasthan in northwestern India and has completed a pre-feasibility study for a cavern in Bina in the central state of Madhya Pradesh, Indian media reported on...
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