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WTI Dips After Massive Crude Inventory Build, Big SPR Drain, Surge In Imports

WTI Dips After Massive Crude Inventory Build, Big SPR Drain, Surge In Imports Oil prices are marginally lower this morning as OPEC again cut its forecast for global oil-demand growth for this year, but stalled talks to reopen the critical Strait of Hormuz waterway and risks in the Red Sea prolong disruptions to global supplies. Physical disruptions are spreading beyond Hormuz. Refinery attacks and fires have hit Russia and Libya, while the Houthis claimed another attack on Saudi Aramco’s Jazan complex. The Red Sea has become a key alternative export route for...
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Oct 19, 2026 / Tyler Durden
Secret Service Deputy Director Quits Amid Questions Over Ties To Drone-Defense Maker Fortem
Secret Service Deputy Director Quits Amid Questions Over Ties To Drone-Defense Maker Fortem Authored by Susan Crabtree via RealClearPolitics, Deputy Director Matt Quinn announced his resignation from the Secret Service in an internal agency email Friday amid questions about his conflicts of interest over the agency's counter-drone technology. Quinn served 23 years as a Secret Service agent before retiring in 2021. He then went to work at drone-manufacturer Fortem Technologies, which sells the DroneHunter product, as a senior vice president for three years before returning to the agency last year to serve...
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Jun 2, 2026 / Tyler Durden
Tencent Soars Most Since 2022 On Report It's Set To Launch AI Agent For China's Most Used App
Tencent Soars Most Since 2022 On Report It's Set To Launch AI Agent For China's Most Used App Tencent shares jumped the most since late 2022 after an FT report that the Chinese company was testing a prototype AI agent for WeChat, China’s most widely used app for everything from messaging and social media to ride-hailing and payments, fueled optimism about the company’s artificial intelligence efforts.  The Chinese internet giant plans to begin a compliance process for a public launch of the agent as soon as this month, the Financial Times reported,...
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Jul 27, 2026 / Tyler Durden
Iran Blasts "Freeloader" Zelensky For Ordering Deadly Attack On Caspian Vessel "At Israel's Behest"
Iran Blasts "Freeloader" Zelensky For Ordering Deadly Attack On Caspian Vessel "At Israel's Behest" Summary: Iran Accuses Zelensky of Ordering Deadly Caspian Vessel Attack Weekend US Crude via IG Markets Down 5%  Iran Will Halt Tit-For-Tat Strikes If US Maintains Pause Iran, Oman Hold Hormuz Talks As US Pauses Airstrikes For Second Day *  *  * US x Iran Effective Ceasefire by August 31? Yes 75% · No 26%View full market & trade on Polymarket *  *  * Iran Lashes Out at "Freeloader" Zelensky for Caspian Sea Attack Iran has accused Ukraine of attacking an Iranian commercial vessel in the...
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