Chinese Refiners Pay Record Premiums For Russian ESPO Crude

Chinese Refiners Pay Record Premiums For Russian ESPO Crude Authored by Irina Slav via OilPrice.com, Chinese refiners are paying a hefty premium for Russia's ESPO crude to replace Iranian crude that independent refiners were importing before the U.S. installed its naval blockade on the country. East Siberia-Pacific Ocean crude, or ESPO, for delivery in November is trading at a premium of over $7 per barrel, with offers reaching as high as $10 per barrel over Brent crude, Bloomberg reported today, citing traders. The blend is loaded from Russia's Far East coast and...

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Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.

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Support the Mises Caucus

Time to Smash the Neocons Once and For All

History and economics they didn't teach you

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Jun 25, 2026 / Tyler Durden

Explosion In Data-Centers Fueling Third Wave Of Inflation

Explosion In Data-Centers Fueling Third Wave Of Inflation We're finally starting to see hints of relief when it comes to inflation. Prices at the pump are starting to come down, monthly core CPI momentum has slowed, used cars were down around 2% YoY, and food inflation is starting to moderate. On the other hand, there's America's massive explosion in artificial-intelligence infrastructure - which is beginning to push prices up on everything from electricity to smartphones. On Thursday Apple announced a 15-25% price hike on Mac computers and iPads, after CEO Tim Cook told the Wall Street...

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Apr 29, 2026 / Joseph Solis-Mullen

The Case Against the “Free Bankers”

Despite support from some economists in the free market camp, fractional reserve free banking is doomed for failure, as Murray Rothbard pointed out.

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Sep 3, 2026 / Murray N. Rothbard

Teddy Roosevelt and the “Lone Nut”

Who actually collected the $40 million for the Panama Canal?

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