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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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Aug 14, 2026 / Tyler Durden
Escobar: The New Great Game, Revisited
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Jun 15, 2026 / Tyler Durden
An Open Letter To Elizabeth Warren About Trillionaires And Inequality
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Mar 19, 2026 / Tyler Durden
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