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World's Largest Refiner Says China's Oil Demand "Very Likely Peaked Last Year"

World's Largest Refiner Says China's Oil Demand "Very Likely Peaked Last Year" One of the most understated stories of 2026, and the reason why oil (and gas) aren't trading at persistently nosebleed levels (ignore diesel for the time being), has been China's unexpectedly weak oil demand. And while there has been much speculation surrounding the reason for this chronically weak oil demand, ranging from an accelerated - and offsetting - SPR drain, to a dramatic economic slowdown behind the scenes (or even in front of the scenes based on the...
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May 20, 2026 / Tyler Durden
NANO Nuclear's Reactor Construction Permit Accepted For Review
NANO Nuclear's Reactor Construction Permit Accepted For Review The Nuclear Regulatory Commission (NRC) has formally begun its review of the construction permit application for an advanced microreactor at the University of Illinois Urbana-Champaign.  ✅ #NRCNews: We've kicked off the formal review of the @UofIllinois application for an advanced microreactor. https://t.co/0gMFCuDv5u — NRC (@NRCgov) May 19, 2026 The announcement marks the transition from the agency’s acceptance review to the substantive technical evaluation of NANO Nuclear’s KRONOS design. This step carries more weight than the initial filing. Submitting an application demonstrates readiness on paper; the NRC’s...
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Jun 12, 2026 / Tyler Durden
Russia Is Single-Handedly Standing Against The West: Putin
Russia Is Single-Handedly Standing Against The West: Putin "It was they who carried out the coup d'etat in Ukraine, which forced us to take the people of Crimea under protection. When they started the war, they started bombing Donetsk using warplanes" - Putin in a fresh address to Russian service members came out swinging, giving a familiar lesson in recent history. And quite provocatively, he emphasized that Russia is now practically fighting against the entirety of the collective West in the Ukraine conflict in the Friday remarks. "Russia is standing against the...
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Apr 2, 2026 / Tyler Durden
Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money
Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money A week ago, in an attempt to calm the market, Goldman's economists published a lengthy, if at times disjointed, report discussing why a crisis in private credit would not lead to another financial crisis. We are about to find out if they were right.  Recall that in mid-March, while attention was understandably focused on the Iran war, we explained why Blue Owl's February decision to commence liquidations of loans in its three core private...
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