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US Oil Exports Soar To New Record High As Inventories Tumble, SPR Drained Most Since October 2022 One week ago we lamented that the record oil inventory drawdown, which has seen over 250 million barrels drained from storage since the start of the war, has not led to higher oil prices (for those who missed it, Goldman forecast that global visible oil inventories are likely to reach record-low levels even in an optimistic scenario where Hormuz flows start to recover by the end of April). Moments ago the already precarious inventory picture...

The top story last week, at least in terms of shock value, might well be the ongoing saga of the Trump White House ballroom, which started out as a $200 million development off of the building’s East Wing accommodating 300 guests and completely paid for by private donors. It then grew to 600 guests and […]

The Transatlantic Divide In Language Learning The benefits of learning a foreign language are extensive and go way beyond the ability to converse with people from other countries. Speaking a second language broadens the horizon, takes the guesswork out of restaurant orders on vacation and even makes the Super Bowl Halftime Show more enjoyable. It has professional benefits as well, as multilingualism is a much sought-after skill in today's globalized world. Even though you can get by pretty well speaking only English, learning a second, or third, language is always going to be...