"It's Pretty Tight": Vitol Chief Warns Of Global Fuel Squeeze As Refineries Max Out, Leaving Little Room For More Chaos

Wall Street Bonus Pool Hits Record Despite "Domestic And International Upheavals" As the K-shaped economy rages on, gasoline and diesel prices at the pump spike, and risks of food inflation later this year mount, Wall Street's bonus pool surged to a record in 2025, even as the Trump administration insists the inflationary shock is temporary. On Thursday, New York State Comptroller Thomas DiNapoli released a new report showing that the Wall Street bonus pool surged to a record $49.2 billion in 2025, up 9% from the previous year, while the average...

Diesel Crack Spread Explodes To Record As Wall Street Warns Of Refined-Products "Perfect Storm" Wall Street Warns About "Perfect Storm" Diesel Crunch:  Goldman's Daan Struyven Shows Global Diesel Exports Crashing Citi's Anthony Yuen Warns: Global Diesel Inventories "Below 5YR Minimum" BofA's Francisco Blanch Warns: "Diesel's Perfect Summer Storm" Unfolding  Jefferies' Sam Burwell Warns: Hormuz Shock "Manifesting Itself In Cracks, Not Crude"  Brent crude remains hostage to daily geopolitical developments in the Gulf region more than five months into the conflict, with muted traffic through the Strait of Hormuz (read the latest US-Iran wrap) constraining tanker flows and driving refined-product markets...

Newsom Says He's Like Blacks Because He 'Can't Read' And Got Low SAT Score California Governor Gavin Newsom (D) needs to work on his pandering skills - after telling a crowd of black people that he's just like them because he can't read and got a low SAT score.  "I’m not trying to impress you, I’m just trying to impress upon you, ‘I’m like you. I’m not better than you.’ I’m a 960 SAT guy," Newsom told Atlanta Mayor Andre Dickins during a Sunday night event promoting his new book.  "And I’m not...