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Crude Inventories Have Fallen To "Precariously Low" Levels
Crude Inventories Have Fallen To "Precariously Low" Levels
U.S. crude inventories fell sharply last week as refineries ramped up production to capitalize on higher fuel prices following renewed conflict with Iran, according to Financial Times.
Commercial crude stockpiles declined by 7.2 million barrels, while the Strategic Petroleum Reserve (SPR) dropped another 3.8 million barrels. Refineries operated at 97% of capacity nationwide, with some Midwest facilities running at full capacity as exports to Asia and Europe increased.
FT writes that the drawdown comes as renewed fighting between the U.S. and Iran continues to disrupt...
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Jun 3, 2026 / Tyler Durden
"Dramatically Less Accessible To The Average Fan": Knicks Finals Tickets At MSG Sell From $3K To $280K
"Dramatically Less Accessible To The Average Fan": Knicks Finals Tickets At MSG Sell From $3K To $280K
For the first time since 1999, the New York Knicks are heading to the NBA Finals. For fans, it's a dream decades in the making. For anyone hoping to attend a game at Madison Square Garden, however, that dream comes with a staggering price tag in the thousands of dollars.
The 2026 NBA Finals between the New York Knicks and the San Antonio Spurs have produced some of the most expensive basketball tickets ever...
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Jul 5, 2026 / Tyler Durden
OPEC+ Approves Another Oil Output Increase As Hormuz Exports Start To Recover
Feb 21, 2026 / Tyler Durden
Cantor Fitzgerald Slammed Over Tariff Trades Which Never Happened
Cantor Fitzgerald Slammed Over Tariff Trades Which Never Happened
In retrospect, if only Cantor Fitzgerald was called PolyCantor, none of this would have happened.
Ever since September, the upstart online betting marketplace PolyMarket has been offering traders the opportunity to make money by betting whether the US Supreme Court would rule in favor or against Trump's tariffs, with millions of bets placed for either outcome (of course, we learned the outcome at 10am ET on Friday, when a 6-3 majority - including two Justices selected by Trump - voted against the...
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